That's a really important question the regulatory landscape is evolving fast, especially in emerging economies. I actually just found a super thorough article that breaks down exactly this topic. It's called "Navigating the Future of Crypto Regulation and Compliance in Emerging Blockchain Economies" and it does a great job explaining the different approaches countries are taking, the challenges they face, and what it means for investors and projects operating there. Really insightful read if you want to understand the bigger picture beyond just the headlines. Here's the link: coincub.com/navigating-the-future-of-crypto-regulation-and-compliance-in-emerging-blockchain-economies/