- Latest Laws and Compliance Measures for Traders and Investors
- Regulatory Framework for Cryptocurrency Trading
- Investor Protection Measures
- AML and KYC Compliance Requirements
Regulatory Framework for Cryptocurrency Trading
In 2024, the regulatory framework for cryptocurrency trading is expected to become more stringent, with a focus on ensuring transparency and accountability in the market. This may include licensing requirements for cryptocurrency exchanges and stricter oversight by regulatory authorities.
Investor Protection Measures
To protect investors, there may be new laws and compliance measures aimed at reducing the risk of fraud and market manipulation in the cryptocurrency space. This could involve enhanced disclosure requirements for cryptocurrency issuers and stricter enforcement of consumer protection laws.
AML and KYC Compliance Requirements
In response to growing concerns about money laundering and terrorist financing through cryptocurrencies, regulators are likely to impose stricter anti-money laundering (AML) and know your customer (KYC) compliance requirements on cryptocurrency exchanges and service providers. This may involve more thorough identity verification processes for traders and investors.