The Missing Piece in El Salvador’s Crypto Gamble

1 min read
May 23, 2022 by
Nicole Buckler

Be In Crypto

Special Economic Zones offer governments a bridge to smart crypto regulation says Jin GonzalezChief Architect of Oz Finance.

There has been a spike in cryptocurrency adoption over the last couple of years. This has led both banks and governments to rethink policies on how to approach the vastly deregulated and decentralized space.

El Salvador shocked the world last September when it announced that Bitcoin would officially be a legal tender, making it the first country to designate a cryptocurrency as such. The small Central American nation followed that up with other ambitious crypto-related goals that included a “Bitcoin City.”

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