Navigating Digital Currency Regulation: Implications for International Collaboration Effectiveness “Evidence from the UAE”

Abstract

This study examines how regulatory frameworks, market dynamics, and international collaboration effectiveness (ICE) are related in the context of digital currency regulation. Quantitative investigation revealed strong positive correlations between regulatory frameworks, market dynamics, and ICE, highlighting their importance in promoting efficient cross-border collaboration. The study also points out drawbacks such as the possible neglect of other significant elements and the dependence on quantitative methodologies. Future studies should investigate more factors and use mixed-method approaches to comprehend better the complexity of regulating digital currencies. The findings highlight the significance of legal frameworks and market factors in influencing international collaboration and fostering innovation. Policymakers are encouraged to adjust regulatory strategies to navigate the changing financial technology environment, promoting stability while supporting growth and advancement in the worldwide digital economy. This study provides valuable insights into the current debates surrounding regulating digital money and its impact on international cooperation.