| Wednesday, 16 March 2022 |
Tokenised is your weekly read to navigate and mine the rich vein of crypto developments that flow through India and Southeast Asia. Subscribe here
Good morning [%first_name |Dear Reader%],
Welcome to this week’s edition of Tokenised.
I believe what I’m going to do now should be a punishable offence. But it’s not, so I’m going to do it anyway. I’m going to begin with a cliche.
The more things change, the more they stay the same.
I don’t think anyone would disagree if I said that crypto is an agent of change. But the ecosystem sometimes throws up some conversations that are long-time acquaintances. Our main topic today is about one such debate.
There’s also a little bit about crypto exchange Coinbase’s per-user earnings, and a failed Facebook project.
Let’s jump right in.
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The Indian crypto brain drain: more headline than reality
When regulations get too shifty or onerous, businesses often relocate to more favourable jurisdictions.
And when they do, they tend to take human talent with them.
We even have a handy term for it: brain drain.
