Regulatory developments and implications for crypto
1. Areas of crypto under regulatory scrutiny: stablecoins, yield products, roles of exchanges and NFT platforms
The increased regulatory scrutiny, and the emphasis on stable coin regulation, “yield” products, and the role of exchanges come as no surprise. Those themes were flagged last September in the White House’s Framework for Responsible Development of Digital Assets.
What are the crypto areas under special scrutiny?
**Crypto lending products where the intermediary charges a fee...