Cross-Border Impact

Definition ∞ Cross-border impact refers to the effects of activities, policies, or events that extend beyond national boundaries. In digital assets, this relates to the global nature of cryptocurrencies and blockchain networks. It considers regulatory, economic, and social consequences across multiple countries.
Context ∞ The cross-border impact of digital assets presents ongoing challenges for national regulators attempting to govern a globally distributed technology. Efforts towards international cooperation on regulatory frameworks are frequently reported in the news. Disparate national rules create complexities for businesses operating internationally, influencing market liquidity and adoption.