Licensing Exemptions

Definition ∞ Licensing exemptions are provisions within regulatory frameworks that relieve certain activities or entities from the requirement to obtain specific operating licenses. These exemptions are typically granted based on the scale of operations, the nature of the activity, or specific conditions met by the entity. They serve to streamline compliance for low-risk or de minimis activities.
Context ∞ Licensing exemptions are a frequent topic in regulatory news pertaining to the digital asset industry, particularly concerning how novel technologies and services fit within existing financial regulations. Discussions often focus on whether certain decentralized finance (DeFi) protocols or emerging digital asset services qualify for such exemptions, impacting the operational landscape and compliance strategies for businesses in this sector.