Regulations governing the provision of services between different national jurisdictions. These rules address legal, operational, and compliance aspects when a service provider operates beyond its home country. They aim to ensure fair competition, consumer protection, and financial stability across international boundaries. Compliance often involves navigating diverse legal frameworks and licensing requirements.
Context
Cross-border service rules are critically important in crypto news, given the inherently global nature of digital assets and blockchain networks. Discussions often center on the challenges of applying national regulations to a borderless technology. The development of harmonized international standards or bilateral agreements is a recurring theme in regulatory policy conversations.
CASPs must immediately revise disclosure protocols to prevent the "halo effect," ensuring clients distinguish MiCA-regulated and unregulated offerings.
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