Anchorage Digital Co-Founder Calls for Regulatory Clarity in the U.S.
Regulatory Clarity Needed in the U.S.
Anchorage Digital co-founder and president Diogo Mónica has emphasized the urgent need for regulatory clarity in the United States. He pointed out that the current regulatory environment remains unclear due to the politicization of Web3 technology and a lack of coordinated industry efforts.
Comparing Regulatory Landscapes
Mónica highlighted the stark difference in regulatory experiences between the U.S. and Singapore. He described the regulatory environment in Singapore as significantly more streamlined and favorable compared to the complexities faced in the U.S.
Industry Implications
The lack of clear regulations in the U.S. poses challenges for companies operating in the Web3 and digital asset space. Mónica's comments come as Anchorage Digital prepares to expand its operations into the Asian market, underscoring the importance of a coordinated regulatory approach to support innovation and growth in the industry.
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