GK Question

technology hard mcq

Which regulatory approach treats crypto assets based on their economic function rather than underlying technology?

  1. Technology-Neutral Regulation
  2. Substance-Over-Form Principle
  3. Risk-Based Supervision
  4. All of these

Answer: All of these

Modern crypto regulation focuses on economic substance: payment tokens, security tokens, utility tokens regulated by function. Avoids technology lock-in and adapts to innovation. Critical for policy design.

Topic Crypto Regulation
Exam Relevance Banking, UPSC, SSC