Global: Pathways to Crypto-Asset Regulation: A Holistic Approach

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The World Economic Forum recently launched a new white paper titled Pathways to Crypto-Asset Regulation: A Global Approach. Ashlin Perumall, a partner at Baker McKenzie Johannesburg, a Fellow of the World Economic Forum and a member of the Digital Currency Governance Consortium (DCGC) community, was one of the co-authors of this white paper.

The white paper aims to understand and highlight the needs and challenges of developing a holistic approach to crypto-asset regulation. In doing so, it delves into the various regulatory approaches taken by different jurisdictions and explores avenues for building a responsible crypto-asset ecosystem on a global scale.

According to the paper’s lead author, Arushi Goel, Specialist, Data Policy and Blockchain, Center for Fourth Industrial Revolution India, World Economic Forum, the findings reinforce the urgent need for policymakers and regulators to engage with industry and users, to realize the benefits while taking into account the risks involved.

The paper’s recommendations indicate that the distinct opportunities and risks presented by crypto-assets will require an innovative approach, while building on lessons learned and best practices developed in other sectors.

The white paper aims to enable different actors to accelerate dialogue, collaboration opportunities and action to build the vision of a fair, inclusive and sustainable crypto-asset ecosystem.

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