Definition ∞ Third-country entities refer to businesses or organizations that operate outside of a specific regulatory jurisdiction, typically a major economic bloc or nation. In the context of digital assets, these are crypto companies based in countries different from where their services are consumed or regulated. Their activities often present unique challenges for cross-border oversight and compliance.
Context ∞ The regulation of third-country entities is a significant challenge for international financial authorities, often appearing in news concerning global crypto regulation. Discussions focus on establishing clear frameworks for international cooperation and information sharing to mitigate risks. Jurisdictions are working to define the scope of their authority over such external service providers.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
