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Geoblocked Airdrops Cost U.S. Residents Up to $2.6B in Potential Crypto Revenue
Draconian crypto regulations preventing U.S. citizens from participating in airdrops – distributions of free tokens to reward user communities – have potentially cost Americans between $1.84 billion and $5.02 billion in revenue from 2020 to 2024. According to venture capital firm Dragonfly, the U.S. government may have missed out on $525 million to $1.38 billion in tax revenue as a result.…
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