The Shifting Landscape of Cryptocurrency Regulation

This chapter explores the changing views on government efficiency and the regulatory frameworks surrounding cryptocurrency, particularly highlighting increasing support for crypto regulation among lawmakers. It discusses the surge in Bitcoin's value and Bhutan's significant investments in the cryptocurrency sector, while addressing the complexities of market dynamics and the disruption caused by decentralized systems. The chapter also delves into the potential implications of Bitcoin for debt repayment and the evolving perceptions of cryptocurrency as a viable financial asset.