Definition ∞ Global Economy Integration describes the increasing interdependence of national economies through cross-border trade, capital flows, and technological exchange. It involves the harmonization of economic policies and the reduction of barriers to international commerce. Digital assets and blockchain technology play a significant role in this process by enabling faster, cheaper, and more transparent international transactions. This integration influences global financial stability and economic growth patterns.
Context ∞ The integration of digital assets into the global economy presents both opportunities and challenges for policymakers and financial institutions. While crypto can facilitate remittances and cross-border payments, it also raises concerns about financial stability, illicit finance, and regulatory arbitrage. International bodies are working to develop coordinated approaches to digital asset regulation to ensure a stable and inclusive global financial system.
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