“What countries are realizing is they have to participate or they have to be left out.”
This is what WazirX’s Nischal Shetty opined in context to crypto adoption in a recent interview. He further explained that one or two nations can’t decide the technology’s fate as the ecosystem is very similar to the internet.
His comments come as 2021 wraps up with the highest ever crypto adoption of over 880% in the last year. However, the year has also seen increased scrutiny by regulators globally. While China took the extreme policy decision of banning Bitcoin altogether, El Salvador went ahead to recognize the asset as legal tender. At the same time, the U.S. is amid a regulatory discussion, the year also got the industry speculating about what
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