Definition ∞ Policy Frameworks are established sets of principles, rules, and guidelines that govern specific areas, such as the regulation of digital assets or the operational standards for blockchain technology. These structures provide a consistent basis for decision-making and enforcement. They aim to provide clarity and predictability for market participants.
Context ∞ Policy frameworks in the digital asset domain are currently in various stages of formation and refinement globally, with jurisdictions attempting to balance innovation with consumer protection and financial stability. Debates often surround classification of assets, tax treatment, and cross-border regulatory cooperation. The development of robust policy frameworks is essential for mainstream adoption and institutional participation.
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