Definition ∞ ‘Cross-border’ denotes activities or transactions that traverse national boundaries, involving parties or assets located in different jurisdictions. In the context of digital assets, this commonly refers to the transfer of cryptocurrencies or the use of decentralized applications by individuals or entities situated in disparate countries. It signifies the global reach and decentralized nature inherent in many blockchain-based systems.
Context ∞ The primary discussion point concerning cross-border digital asset activities currently revolves around regulatory arbitrage and the challenges of establishing uniform international compliance standards. Jurisdictional differences in legal frameworks for digital assets create complexities for global adoption and pose risks for both users and service providers. Policymakers are actively debating approaches to harmonize these disparate regulatory landscapes.
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