The rise of cryptocurrency in emerging markets is praised for financial inclusion and empowerment, but faces challenges. Legal ambiguity and systemic corruption undermine investor confidence and asset value, creating a volatile landscape. Ambiguity in regulations and corruption issues in countries like Nigeria and India exacerbate these challenges. Lack of regulatory clarity in emerging markets leaves investors vulnerable to sudden policy changes. Regulatory sandboxes, international coordination, and transparency initiatives are suggested solutions for building trust and stability. Investors must assess regulatory environments and governance practices for sustainable growth.
https://altcoin.observer/regulation-of-cryptocurrencies-and-risk-of-governance-in-emerging-markets/
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