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Why developing countries are so keen on cryptocurrencies

FT News Briefing

Emerging Markets and Cryptocurrencies - Isn't It a Good Idea?

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emerging markets have this tendency to adopt new technology early, like crypto currency. In a great many developing countries there is almost no land reg at all and certainly very precarious land registry. So you've got a whole pile of dead capital that could be unlocked by functioning land registry or property registring more broadly. And the hope is among some tha distributed lege ology block chain would allow that to happen.

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