Definition ∞ A Global Transaction, in the context of digital assets, refers to a financial transfer or data exchange that crosses international borders using blockchain technology. These transactions typically bypass traditional banking intermediaries, offering faster settlement times and potentially lower costs. They leverage decentralized networks to facilitate value transfer between parties located in different jurisdictions. The inherent borderless nature of many digital assets makes global transactions a core use case.
Context ∞ The regulatory treatment and technological scaling of global transactions using digital assets are critical topics. Discussions center on anti-money laundering (AML) and know-your-customer (KYC) compliance across diverse legal frameworks. The development of interoperable blockchain solutions and central bank digital currencies (CBDCs) aims to streamline and standardize these cross-border movements, presenting both opportunities and challenges for existing financial infrastructures.
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