Skip to main content

Regulatory Precedent

Definition

Regulatory precedent refers to a prior legal decision or administrative action that serves as a guide or basis for future rulings or policy decisions concerning similar matters. In the context of digital assets and cryptocurrencies, regulatory precedent establishes frameworks and interpretations that influence how existing laws are applied to this evolving sector. These precedents shape the legal and compliance landscape for blockchain-based innovations and digital asset operations. They provide a degree of predictability for market participants.