Financial Regulation International
Cryptocurrency regulations in mainland Southeast Asia
The rapid global proliferation of cryptocurrencies – digital currencies using advanced cryptography (typically blockchain)
to verify and secure transactions and maintain supply – has seen governments scrambling to regulate what some see as an opportunity
and others see as a threat. The digital nature of cryptocurrencies has meant that investors faced with new regulations can
quickly seek new jurisdictions to act as a safe harbour for their assets, while developing countries that have a varied history
with fiat currency have responded to this high-risk capital inflow in a number of different ways.