Who Pays for Virtual Asset Transfers? Recent Regulation

Question:

Who is responsible for the payment of consideration for the transfer of virtual digital assets according to recent regulations?

A) Only the buyer

B) Only the seller

C) Both the buyer and the seller

D) Specified persons as defined by the regulation

Answer:

The recent regulations concerning the payment of consideration for the transfer of virtual digital assets typically assign the responsibility to:

D) Specified persons as defined by the regulation

Regulations often define specific roles or entities responsible for the payment of consideration, which may include both buyers and sellers, intermediaries, or other designated parties depending on the jurisdiction and the details of the regulation.