Obviously, this is almost impossible to happen.
Cancel cryptocurrency restrictions
= Allow free cross-border movement of capital
= Massive capital flight
= Accelerate capital outflows
= Put further strain on the fiscal and financial system
= Further worsen government stability.
So, at the end of the day, it boils down to one thing:
Canceling cryptocurrency restrictions doesn’t just mean opening up the crypto market—it also means opening the channel for capital outflows.
That’s also why, in countries where high inflation, capital controls, and currency pressure coexist, governments usually won’t easily and completely lift cryptocurrency restrictions.
#美国拟推动美元稳定币海外使用
Cancel cryptocurrency restrictions
= Allow free cross-border movement of capital
= Massive capital flight
= Accelerate capital outflows
= Put further strain on the fiscal and financial system
= Further worsen government stability.
So, at the end of the day, it boils down to one thing:
Canceling cryptocurrency restrictions doesn’t just mean opening up the crypto market—it also means opening the channel for capital outflows.
That’s also why, in countries where high inflation, capital controls, and currency pressure coexist, governments usually won’t easily and completely lift cryptocurrency restrictions.
#美国拟推动美元稳定币海外使用