Palau's Digital Residency Revolution

This chapter explores Palau's innovative digital residency card initiative, aimed at attracting income and easing cryptocurrency regulation burdens for users. It compares this approach to Estonia's digital residency, while discussing the implications for identity verification in crypto exchanges and the tensions surrounding Know Your Customer (KYC) requirements. The chapter also examines the response from major exchanges and speculates on the broader political ramifications of such regulatory strategies in the cryptocurrency landscape.