Economics · Banking and Financial Institutions
Which of the following is a primary objective achieved by a standard Digital Currency Regulatory Framework?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Promote underground, unregulated peer-to-peer crypto platforms.
- 2Motivate the operators to operate illegally outside the official financial network.
- 3Attract users towards exchanges which are compliant with Know-Your-Customer (KYC) rules.✓
- 4Eventually force blockchain companies to operate from outside the country.
Correct answer
Attract users towards exchanges which are compliant with Know-Your-Customer (KYC) rules.
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