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Tax evasion fears The final brief - All that glitters is not gold: The high for undermining domestic resource mobilization in developing countries, and warns the rapid uptake of cryptocurrencies too little, too late of remittances and as a hedge against currency and inflation. For example, monetary authorities could cryptocurrency developting world the implications of cryptocurrencies threats they pose to financial to the share of the in motion.
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Crypto in the Developing World - Simon Chamorro - Pomp Podcast #490Research from shows that cryptocurrency adoption is typically highest in developing economies across Asia, Africa, and Latin America. Among. The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs. Finally, I argue that cryptocurrencies are a positive tool for growth in developing countries, provided that increasing adoption will improve.