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Crypto Adoption by Rogue States
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Crypto Adoption and Rogue States
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El Salvador's adoption of Bitcoin in reserves proves successful, sparking global interest while raising concerns about rogue states like North Korea embracing cryptocurrencies. The US faces challenges in sanctioning crypto due to its decentralized nature and moral implications of economic sanctions on vulnerable populations.
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How might the adoption of cryptocurrencies by rogue states shift the global financial landscape?
In what ways can the ethical considerations surrounding economic sanctions be balanced against financial innovations like cryptocurrencies?
What regulatory measures can countries implement to address the challenges posed by decentralized cryptocurrencies like Bitcoin?
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