Fintech, Regulatory · medium ·
The functional regulation of tokenised assets is creating a custody-rules shortage
Regulatory bodies globally are increasingly converging on a 'functional regulation' approach for tokenised assets, applying existing financial laws based on asset class and legal rights, rather than the underlying technology. While full convergence remains elusive, this trend is leading to clearer classification tests and more explicit custody rules, with frameworks like MiCA in Europe setting a comprehensive baseline and East Asian jurisdictions pushing infrastructure-oriented experimentation.
Part of the Financial Services Opportunity Outlook, Korim's monthly analysis of emerging opportunities in this sector.
Part of the Professional Services Opportunity Outlook, Korim's monthly analysis of emerging opportunities in this sector.
Part of the Technology Opportunity Outlook, Korim's monthly analysis of emerging opportunities in this sector.