The cryptocurrency was synonymous with a lack of regulation and an ethics of the West West.
This has led to speculative and non -essential products as Corners,, Blockchain games And Yesteryear NFTS and ICOS.
But everything that is starting to change as regulated economies around the world began to provide and implement executives to integrate digital assets into their financial ecosystems. The European Union Crypto-active markets The regulations establish a clear compliance structure for cryptographic companies. In the meantimein AsiaSingapore Payment Services Act Offer institutional players a stable environment for participation.
No more recently than Wednesday, February 19, Hong Kong announced that it expanded the way investors can exchange digital active Because it seeks to position itself as a regulated digital asset center.
Even Switzerland, known for a long time for its financial conservatism, has made movements in the adoption of digital assets under the Great Swiss Distributed Book Technology Act (DLT)which allows tokenized titles and trading of digital assets.
Compared to this regulatory progress, the United States has lagged behind in the development of a unified approach, leaving companies and banks in a complex regulatory gray area. However, this does not mean that US companies should ignore digital assets, especially as the regulatory The environment softens. Instead, they can draw inspiration from the way in which global peers use Digital assets in regulatory managers.
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A pragmatic look at digital assets in the regulated financial ecosystem
American financial institutions and payment companies do not need to reinvent the wheel to integrate digital assets into their servants financial Systems. By observing how regulated savings successfully use digital assets – by tokenization, stablescoins and compliant DEFI models – US companies and banks can be positioned competitively for continuous digital transformation of finance.
Instead of waiting for a global regulatory framework, American companies can adopt a pragmatic approach and before compliance when they invest in areas of opportunity such as the use of stablecoins for payments, the exploration of the tokenization of assets and engage in regulated challenge experiences.
For example, Standard charter bank Hong Kong,, Animoca brands And Hkt agreed on Monday (February 17) to form a joint venture to issue a stable Supported by the Hong Kong dollar. The three companies worked together in a Hong Kong Monetary Authority stable sandbox that was launched In July to explore how stablecoins can play a role in the development of Financial and payments markets.
In a comparative effort, the United States may be in months to see the first issue of a stable in Wyoming.
“Wyoming does not just want to” go so as to make sure that we follow “” ” Two Ocean Trust CEO and Wyoming stable token commission Commissioner Joel Revill Pymnts said in an interview published this month. “We want to lead in this area, adopt laws and set up our regulators to give clarity that does not yet exist at the federal level or in other states.”
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Digital assets as a cash tool in the modern financial ecosystem
A large part of the regulated utility of the cryptographic space was in areas focused on investment such as Bitcoin and Ethers Ethereum and over -the -counter (OTC) negotiations which include integrated trading, derivatives, loans and qualified solutions.
This trend for investment products is the reason why the Pymnts are covered late Last year, how the blockchain treasury Applications are important for financial teams seeking a more efficient and transparent financial future.
However, many American companies continue Count on resource planning and inherited business management systems that lack compatibility of native digital assets.
For treasurers managing complex financing structures, a large unified book like that Supplied by chain solutions can offer new possibilities to optimize cash flows and reduce the cost of capital. By integrating the rules of compliance and settlement directly in digital tokens, organizations can carry out atomic colony – a simultaneous and instantaneous transfer of funds and assets.
Eventually, For corporate treasurersthe prospect On digital assets, an alternative high -risk investment is transformed into a liquidity, efficiency and automation tool which can improve treasure operations.
While American regulatory uncertainty presents challenges, treasurers can turn to global case studies to inspire and start preparing their cashier functions for a financial future based on blockchain.
