>"Countries with regulatory bodies proactive to crypto and blockchain tech have been more successful than those who have tried to ban it." "Despite such benefits, country-level responses to blockchain have been mixed. Where countries like India, Turkey and Nigeria saw fear, others like Singapore, Switzerland, Bermuda, Ukraine — and now El Salvador — recognized the opportunity, developing new regulatory frameworks embracing blockchain’s decentralized nature. And they are reaping the reward. These nations are becoming global blockchain technology hubs."