Definition ∞ International exchanges are trading platforms that facilitate the buying and selling of financial assets across national borders. These venues allow investors to access a broader range of securities, commodities, or digital assets than might be available domestically. They operate under specific regulatory regimes determined by their domicile and the markets they serve.
Context ∞ In the cryptocurrency domain, international exchanges play a pivotal role in providing access to a wide array of digital assets and enabling cross-border trading. These platforms often cater to a global user base, presenting opportunities for arbitrage and diversified portfolio management. However, they also face scrutiny regarding regulatory compliance, anti-money laundering (AML) procedures, and the protection of customer assets across different legal jurisdictions.