Gemini On Crypto Regulation Landscape In Asia

The transcript discusses the efforts of a crypto exchange to obtain licenses in various jurisdictions, emphasizing the importance of regulation for trust and long-term industry viability. It highlights the core components users and regulators seek in exchanges, such as security and fair trading. The cost of compliance is examined, noting it as a necessary business expense rather than a burden on users. The importance of open dialogue with regulators is stressed, given the rapid technological advancements in the industry. Finally, it predicts increased global coordination in cryptocurrency regulation to ensure consistency and stability.

What are some potential impacts of stringent regulations on crypto exchanges?

How can regulators ensure they are not applying outdated frameworks to new technologies?

In what ways might global coordination improve the regulation of cryptocurrencies?