Dustin
Well-known member
Stablecoins face a complex regulatory landscape globally, as governments and financial authorities grapple with their potential to disrupt traditional financial systems. Key considerations include ensuring consumer protection, maintaining financial stability, and preventing illicit activities such as money laundering and terrorist financing. Jurisdictions like the U.S. and the EU are focusing on implementing regulatory frameworks like the MiCA (Markets in Crypto-Assets) regulation, which seeks to establish standardized rules for stablecoin issuance and operation. Meanwhile, countries like China and India have taken a more restrictive approach, often banning or heavily regulating their use.