Capital flow cryptocurrencies

capital flow cryptocurrencies

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Decrypting New Age International Capital Flows This paper employs high frequency transactions data on the world's oldest and most extensive. The data suggest that the use of Bitcoin has become an increasingly important channel to receive remittances and evade capital controls in emerging markets. Two. Crypto assets can be used as a vehicle to circumvent controls on capital outflows. The crypto asset is then transferred across borders over a secure network.
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