Regulatory Consistency

Definition ∞ Regulatory consistency refers to the application of similar rules, standards, and enforcement approaches across different jurisdictions, asset classes, or market participants within a specific sector. It aims to prevent regulatory arbitrage, reduce compliance burdens, and foster a level playing field for innovation. Achieving consistency helps provide clarity and predictability for businesses operating in complex legal environments. This objective is often pursued through international cooperation.
Context ∞ In the digital asset space, regulatory consistency is a major topic in news concerning global cryptocurrency frameworks and central bank digital currencies. Reports frequently highlight the challenges posed by fragmented regulations across various countries, which can impede cross-border operations and market development. The push for greater regulatory consistency is seen as vital for fostering mainstream adoption and mitigating systemic risks in the evolving digital economy.