It's worth saying that there's no single approach to regulating turnover.
cryptology: it is defined as both a means of payment and a digital asset.
a specific product. At the moment, the highest level of acceptance of cryptovalut
shows three categories of countries: developed countries (Japan, EU, South Korea),
The United States of America), Third World countries with weak national currencies (Zimbabwe, Venezuela),
as well as countries in the post-Soviet space (Estonia, Russia, Ukraine). The smallest is .
The level of acceptance at the national level is demonstrated by some Arab countries.
countries (in particular Saudi Arabia is discussing how much cryptological currency
comply with sharia law), as well as China, which has significantly tightened
legislation on cryptology, but a total ban today is still in question.
isn't going anywhere.
In the first case (USA/EU/Asia), the acceptance of cryptographic currency is associated with loyal
the attitude of the authorities and the existence of a legal framework, high income and
the level of education of citizens who are ready for such economic experiments, as well as
with the attention of some institutional investors that at this time
stage allows to define the framework for regulation of the crypto sphere. However.
Less than in 2017, many national governments began working on
legislative regulation of this market, and it's hard to say yet.
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In the second case (Venezuela/Zimbabwe), the inevitable escape is worth talking about.
of the population from national currencies to more reliable (as an alternative to the dollar) outside the national currency.
depending on the position of national authorities. It is also indicative of the fact that
the fact that increased demand for cryptographic currency leads to a situation where the rate of
of informal stock exchanges in these countries is significantly higher
the average person in the world. This once again confirms the thesis about cryptic currencies as about
"alternative financial methanarratives."
In the case of the former USSR, we are dealing with a unique combination of several
factors, such as a large number of technically competent programmers,
mistrust of public finance after numerous
and the neutrality of the authorities. A special place is Estonia, which previously
has assumed the role of European Digital Innovation Centre and, accordingly
is actively introducing cryptovoltaic and blockchain into all spheres.
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