What are the top cryptocurrencies in countries with command economies?

1 answers

• May 09, 2022 · 3 years ago
  In countries with command economies, the top cryptocurrencies are often those that are supported or endorsed by the government. For example, in China, the Digital Yuan has gained significant traction and is widely used for various transactions. The government has been actively promoting its use and has even launched pilot programs in different cities. Similarly, in North Korea, while the use of cryptocurrencies is not officially recognized, there have been reports suggesting that the government may be using cryptocurrencies like Bitcoin to bypass international sanctions. However, it's important to note that the use of cryptocurrencies in command economies can be heavily regulated and controlled by the government, so it's crucial to stay informed about the latest regulations and policies.
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