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The Taxcast

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Challenges in Regulating Crypto: Perspectives from Developing Countries

Exploring the struggles faced by poorer nations in implementing crypto regulations, the chapter highlights disparities in information exchange with wealthier counterparts like Switzerland. It delves into the complexities of regulating crypto transactions, advocating for decentralized validation processes over traditional banking measures. The discussion also delves into the historical reactions of developing countries towards blockchain and cryptocurrency, emphasizing the need for collaborative efforts between governments and industry players.

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