WEF – Digital Assets Regulation: Insights from Jurisdictional Approaches

The report highlights the need for clear guidelines in the digital assets industry and provides insights into the regulatory frameworks of nine leading jurisdictions. The analysis focuses on key lessons learned from each approach and unintended consequences that may arise from different regulatory frameworks. The report covers four key industry topics: anti-money laundering, regulatory and technical sandboxes, decentralized finance, and privacy and security. Recommendations are provided for public and private-sector stakeholders, including the adoption of technology-enhanced solutions for AML/KYC, clear objectives for regulatory sandboxes, risk mitigation and transparency for DeFi, and strong data protection policies for privacy and security. By understanding the approaches of different jurisdictions and focusing on these key topics, policy-makers and regulators can anticipate the impacts of their decisions and better align regulations with their intended goals.