Flash Report /
Global

How regulators are striving to turn back the cryptocurrency tide

  • Many EMs are restricting access to cryptocurrencies, which can be used to bypass capital controls or evade taxes

  • China is the world’s main bitcoin miner and a key centre of blockchain expertise; tighter rules have hit crypto prices

  • Other EMs like Egypt, India, Nigeria are also trying to control cryptocurrency access, so far with only limited success

How regulators are striving to turn back the cryptocurrency tide
Rahul Shah
Rahul Shah

Head of Financials Equity Research

Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Tellimer Research
21 May 2021
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