Foreign Exchanges

Definition ∞ These are platforms or marketplaces that facilitate the trading of financial instruments, including digital assets, across national borders. They enable participants from different countries to buy and sell assets, often subject to varying regulatory regimes. Such venues are pivotal for global capital flows and the international accessibility of digital assets.
Context ∞ Foreign exchanges are frequently mentioned in news concerning capital controls, international investment trends, and the regulatory arbitrage available to digital asset firms. Discussions often revolve around the accessibility of certain digital assets to investors in specific regions or the challenges exchanges face in complying with disparate international regulations. Their operations are critical for understanding global market liquidity and the flow of capital into and out of digital asset markets.