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Nauru Makes Crypto History: Launches World’s First Island Nation Crypto Regulator
Nauru Makes Crypto History: Launches World’s First Island Nation Crypto Regulator
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Move over Wall Street—Nauru just rewrote the rulebook. The Pacific microstate just dropped a regulatory bombshell with its newly minted crypto watchdog.
Why it matters: Tiny nation, giant leap. While G20 nations bicker over frameworks, this 21-square-kilometer island just lapped them all. The new regulator will oversee everything from Bitcoin casinos to DeFi startups—with the speed only a nation of 10,000 can muster.
The cynical take: Another tax haven smelling fresh meat. But here's the twist—Nauru's phosphate wealth ran dry years ago. This time, they're mining the 21st century gold rush instead.
Bottom line: When your GDP depends on being nimble, you either innovate or sink. Looks like Nauru chose to moon.
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