January 31, 2023
Without a strong and clearly defined regulatory framework, crypto assets may not gain mainstream acceptance, a study by the Chartered Financial Analyst (CFA) Institute concludes.
According to the study, the market needs to clarify valuation, fiduciary duty and the custody of assets before cryptocurrency can progress from the perspective of investors. The authors recommend that policymakers agree on definitions and supervisory programs to acknowledge the specific nature of crypto.
To read the full study, click on more information below: