Persistent differences between jurisdictions that favor a permissive, innovation driven approach and those that prioritize strict control and consumer protection can produce regulatory arbitrage or uncertainty in cross-border situations.
Source quote, verbatim
differences remain, particularly between jurisdictions that favor a more permissive or innovation-driven approach and those that prioritize strict control and consumer protection. These differences can lead to regulatory arbitrage or uncertainty in cross-border situations
From
Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025), 4.2 Specific Rules in Blockchain Transactions, Summary, p. 25 https://ssrn.com/abstract=5554218 · source PDF
Cite as
Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218
Holds when
cross-border blockchain and crypto-asset activity
absence of a binding global convention
Classification
failuresupport: arguedfailure: Regulatory arbitrage from divergent national approachesfamily: regulatory-arbitrageregulatory-failure
Verify
The quote above is an exact substring of the source PDF, whose sha256 is 55738b4035a91b70aa2ddaa127552fe4b373ec641afee2719fbdcabebdcbea44. Extraction method: pdf-text-layer. Attestation record: colloquium/attestations/f0aa148f8a5a4be8...json Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/5554218-027.md | sha256sum