The Global Blockchain Business Council (GBBC), in partnership with 131 institutions, is pleased to announce the release of the Global Standards Mapping Initiative (GSMI) 2.0, the most comprehensive effort to map and analyze the blockchain and digital asset landscape across five key areas:
1. Legislation and regulatory guidance
2. Technical standards
3. Industry standards and recommendations
4. University courses and degree programs
5. Industry consortia
GSMI 2.0 maps, catalogues, and analyzes data from 187 jurisdictions, 479 industry consortia, 38 technical standards, and 389 university courses and degree programs to provide a holistic view of the industry’s global activity.
GSMI 2.0 is a continuation and expansion of GSMI 1.0, released in October 2020, and includes a report dedicated to the findings and guidance of the GSMI 2.0’s nine working groups, an updated interactive map of blockchain and digital asset regulation and guidance globally, a catalogue of blockchain courses and degree programs by accredited academic institutions, as well as a list of industry consortia and standalone reports on derivatives, digital and crypto asset regulation, digital identity, global taxation, and South Korea.
The GSMI 2.0 report highlights several priorities for the industry, including the need for commonality among regulatory approaches and taxonomies, while also pointing to several positive developments, including the proliferation of nimble, principles-based regulation in certain jurisdictions and blockchain adoption for tax compliance. GBBC partnered with seven academic institutions on the inaugural GSMI Fellows Program, an eight-month fellowship for exceptional students to contribute to the GSMI 2.0 research and analysis.
All GSMI reports and resources are open access and intended to serve as a trusted source of information about the blockchain and digital asset landscape.
“GSMI 2.0 is the culmination of a full year of work from a diverse, international group of stakeholders, dedicated to addressing some of the perennial challenges facing the blockchain and digital asset industry and propelling innovation. We are proud to have incubated this initiative, and to have the support of so many industry leaders, as well as their valuable time in bringing GSMI 2.0 to fruition. As the industry continues to grow faster than ever, we hope the GSMI will serve as a free resource for anyone seeking a macro, global perspective,” said GBBC CEO Sandra Ro.