What is the Context of Regulatory Transparency?

Regulatory transparency is a subject of ongoing discussion as governments worldwide develop frameworks for digital assets. Debates frequently arise regarding the clarity of existing regulations, the accessibility of guidance documents, and the communication of enforcement priorities. Increased transparency is often called for by industry participants to reduce uncertainty and encourage responsible innovation within the digital asset sector.

Regulatory Transparency

Definition

This refers to the principle of making regulatory processes, decisions, and information readily accessible and understandable to the public. In the context of digital assets, it means that the rules governing their use, the rationale behind them, and the enforcement actions taken are clearly communicated. Transparency is key to building trust and facilitating informed participation in the market.