Regulatory Policy

Definition ∞ Regulatory policy refers to the set of rules, guidelines, and principles established by governmental or supervisory bodies to govern specific industries or activities. In the context of digital assets, this encompasses regulations related to exchanges, issuers, investors, and the use of blockchain technology. The objective is to ensure market integrity, prevent illicit activities, and safeguard consumers. Such policies shape the operational landscape for digital asset businesses.
Context ∞ The context for regulatory policy in digital assets frequently involves proposed legislation, enforcement actions, and public consultations by financial authorities worldwide. Discussions often center on the classification of digital assets, the licensing requirements for service providers, and the implementation of anti-money laundering (AML) and know-your-customer (KYC) protocols. Critical future developments include the ongoing evolution of comprehensive regulatory frameworks in major economies.