A Cross-Sectoral Framework represents a regulatory or operational structure that applies consistently across multiple distinct industries or economic areas. It establishes common principles or rules to address issues extending beyond the boundaries of a single sector. This approach promotes coherence and reduces regulatory arbitrage, particularly relevant in rapidly evolving fields like digital assets. Such frameworks aim to create a unified strategy for complex challenges.
Context
The movement toward a cross-sectoral framework in digital asset regulation addresses the interconnectedness of crypto with traditional finance, technology, and other industries. Jurisdictions seek to prevent fragmented rules that could impede innovation or generate loopholes for illicit activities. Future policy discussions will likely concentrate on harmonizing standards for stablecoins, decentralized finance, and non-fungible tokens across financial, technological, and consumer protection agencies.
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