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Primary_Trajectory_Rationale

Select the primary reason or driving force behind the country's current regulatory direction or stance regarding cryptocurrencies. (Note: This simplifies complex situations where multiple factors may apply).

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Possible Values

Status values that can be assigned to this topic

Value Definition Order
Innovation_And_Economic_Goals Trajectory driven primarily by a desire to foster fintech innovation, attract investment, promote economic growth, or become a leader in blockchain technology. 0
Investor_Protection_Focus Trajectory primarily shaped by concerns about protecting consumers and retail investors from fraud, scams, volatility, and market manipulation. 1
Financial_Stability_Concerns Trajectory driven mainly by concerns about the potential impact of crypto volatility or adoption on the stability of the existing financial system or monetary policy. 2
Illicit_Finance_Concerns_(AML_CFT) Trajectory primarily driven by efforts to combat money laundering, terrorist financing, sanctions evasion, and other illicit uses of cryptocurrencies. 3
Alignment_With_Intl_Standards Trajectory significantly influenced by the need or desire to align with international recommendations or requirements (e.g., FATF standards, peer country regulations). 4
Taxation_And_Revenue_Goals Trajectory influenced by efforts to establish clear tax rules for crypto and/or capture potential government revenue from the sector. 5
Maintaining_Status_Quo Trajectory characterized by a deliberate decision to maintain existing (often minimal or unclear) rules, possibly due to lack of consensus, capacity, or perceived urgency. 6
Reactive_To_Specific_Events Trajectory significantly shaped by recent specific events (e.g., major exchange collapse, large-scale local fraud, significant market volatility) leading to a policy reaction. 7
Political_Directives_Or_Ideology Trajectory primarily driven by explicit political agendas, high-level government directives, or specific ideological stances towards crypto/technology. 8
Other_Or_Multiple_Drivers Trajectory driven by a complex mix of factors where no single rationale is clearly dominant, or by a primary reason not listed above. 9
Unclear The primary rationale behind the current trajectory cannot be reliably determined from available information or official statements. 10

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