I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.
I think countries and especially governments have a lot of concern and that is the reason they do not want it to be implemented in their countries. They fear loss of tax money if implemented.
That's exactly what it is. But on the other hand, especially in this region where I am, a large number of individuals that are connected somehow to the governments and politics, have already invested in crypto. They just stay quiet about it..