During a panel discussion at Consensus 2023, legal professionals emphasized the value of coordinating global regulatory frameworks for cryptocurrencies while also taking regional variations into account.

Marianne Bechara, a senior counsel at the IMF, pointed out that it would be unwise to treat all cryptocurrencies the same without considering the context. Brian Yeoh, director of fintech at Abu Dhabi Global Markets, noted there is some coordination, but he said there is room for local jurisdictions to…

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