Reuters analysis: Small country cryptocurrency industry such as Belarus and Bahrain is developing more rapidly

Reuters issued a report saying that emerging market countries such as Belarus, Bahrain, Malta and Gibraltar are seeking specific rules for the cryptocurrency industry, betting that they can attract companies by providing regulatory security and tax breaks. While there is no guarantee of success, cryptocurrencies offer a rare opportunity for these countries or regions to be more likely to gain a share of emerging markets and attract investment when financial powers adopt a more conservative “wait and see” approach. , create jobs.