When will crypto rules be rolled out?

The rules are expected to be rolled out from 2024. European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate crypto assets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.

Which states have strict crypto regulations?

New York and Washington are two states with strict crypto regulations. New York, in particular, has taken a leading role in crypto regulation with its BitLicense, which controls how exchanges store currency and which coins exchanges can trade. Many believe New York's framework will be used as a basis for stricter federal regulation.

What is the AI rule & how does it affect cryptoassets?

The rule regulates the flow of American AI chips and technology needed for the most sophisticated AI applications. European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.