regulatory vacuum
[/ˌreɡjələtɔːri ˈvækjuəm/]
nounpl: regulatory vacuums
vácuo regulatório
1. A situation or area where there is an absence of regulatory framework, oversight, or legal requirements
The cryptocurrency market operated in a regulatory vacuum for years before governments began implementing laws.
O mercado de criptomoedas operou em um vácuo regulatório durante anos antes dos governos começarem a implementar leis.
2. A gap in legislation or enforcement that allows unrestricted or unmonitored activity in a particular sector
The startup exploited the regulatory vacuum in the sharing economy to expand without compliance restrictions.
A startup explorou o vácuo regulatório na economia compartilhada para expandir sem restrições de conformidade.
Related Idioms & Phrases
fill the regulatory vacuum
operate in a regulatory vacuum
close the regulatory vacuum
leave a regulatory vacuum
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