Dealing in Cryptoassets involves activities such as buying, selling, exchanging, or acting as an intermediary for digital assets. This broad term covers a range of financial operations within the cryptocurrency market. Depending on the jurisdiction and specific activity, these operations may be subject to various regulatory requirements. Such activities are fundamental to the operation of the digital asset economy.
Context
Regulatory bodies worldwide are working to define and regulate “dealing in cryptoassets” to address concerns regarding market integrity, consumer protection, and financial stability. News reports often cover new licensing requirements or prohibitions affecting firms engaged in these activities. The legal classification of cryptoassets themselves significantly influences the regulatory obligations placed upon those who deal with them.
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