A global compliance framework refers to a standardized set of international rules, regulations, and best practices designed to ensure legal adherence across multiple jurisdictions. In the digital asset sector, such frameworks aim to harmonize approaches to anti-money laundering, counter-terrorist financing, and tax reporting. They provide a unified standard for operational conduct for global entities.
Context
The development of a cohesive global compliance framework for digital assets remains a primary focus for international bodies like the FATF and OECD. Achieving consensus among diverse national legal systems presents a significant challenge. However, such a framework is essential for mitigating systemic risks and fostering market integrity.
Reporting Crypto-Asset Service Providers must immediately update due diligence and data systems to capture cross-border transaction information starting January 1, 2026.
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