Joint Regulatory Approach

Definition ∞ A joint regulatory approach involves multiple government agencies or international bodies collaborating to establish unified rules and oversight for a specific sector. This cooperative strategy aims to create comprehensive and consistent regulatory frameworks. It is especially useful for complex or cross-border industries, promoting efficiency and preventing regulatory avoidance.
Context ∞ The digital asset sector increasingly requires a joint regulatory approach due to its global scope and the diverse types of assets and activities it includes. News often highlights efforts by various national and international bodies to coordinate on issues such as stablecoin oversight, decentralized finance supervision, and anti-money laundering measures. This collaborative stance seeks to lessen systemic risks and foster a more harmonized global regulatory environment for cryptocurrencies.