While an increasing number of governments intensified their efforts to develop a regulatory framework for the steamrolling industry, certain countries surfaced as safe havens for crypto service providers.
CryptoSlate talked to Adam Berker, Senior Legal Counsel at the global payment network Mercuryo, who dived deep into crypto regulation in 22 countries.
Inconsistency between jurisdictions
Berker divided the jurisdictions in three main categories, based on the level of regulatory scrutiny surrounding licensing requirements, customer onboarding procedures, reporting obligations, and other duties of crypto companies.
Jurisdictions that fall in the first and most crypto-friendly category, Berker describes as “business-oriented,” since they prefer to “ease the process of incorporation, obtainment of licenses, and ongoing operation so that crypto businesses would be more interested in them.”
“Control-oriented” jurisdictions are on the opposite side of the spectrum, impos
We współpracy z: https://cryptoslate.com/global-crypto-regulation-whats-on-the-horizon/
