Insiders, outsiders and experimenters, revisited

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Five years after our last global crypto policy review, America leads a pro-crypto shift while China retreats, and new “sovereign innovators” like El Salvador chart bold paths.

Opinion by: Zack Kelman

Five years ago, during our last Global Taxonomy of Crypto Policy, global banking insiders at the International Monetary Fund unveiled a strict new regulatory framework as the US president publicly (if skeptically) addressed crypto for the first time. 

Outsiders began sporadically banning Bitcoin (BTC), and exchanges relocated to offshore experimenters like Malta as crypto became irreversibly intertwined with global politics. 

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