Fragmented rules obstruct tokenisation efforts, panellists say
Divergent US, UK and EU stablecoin rules and legal protections limiting cross-border growth
Regulation and infrastructure for tokenised securities and stablecoins must become far more standardised before the digital assets market can reach meaningful scale, industry figures say.
Regulators have issued a wave of rules over the past year, but they have diverged across jurisdictions in ways that threaten to stall cross-border activity.
Etay Katz, head of digital assets and financial innovation at law firm Ashurst, said the mismatches will hobble development of cross-border projects.
“Regulat
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