本論文探討了澳洲、台灣、美國、日本、中國和印度的加密貨幣採用與監管的政治經濟學。研究發現，政治穩定性與加密貨幣採用之間存在反比關係，較穩定的國家因對傳統金融系統的信心較高，顯示出較低的加密貨幣採用率。民主政體通常採取較為寬鬆的政策，而威權政體則實施更嚴格的監管。此外，擁有去中心化金融系統和更高中央銀行獨立性的國家，雖然加密貨幣採用率較低，但監管框架更為嚴謹。研究強調，在缺乏銀行服務地區，加密貨幣發揮了促進金融包容性作用。未來的研究應擴大分析範圍，進行跨時間縱向分析，並探討中央銀行數位貨幣（CBDC）與加密貨幣之間的互動，以加深對這一不斷演變領域的理解。

This thesis explores the political economy of cryptocurrency adoption and regulation in Australia, Taiwan, the United States, Japan, China, and India. The study finds an inverse relationship between political stability and cryptocurrency adoption, with stable countries showing lower adoption rates due to confidence in traditional financial systems. Democratic regimes tend to adopt more liberal policies, while authoritarian regimes enforce stricter regulations. Additionally, countries with decentralized financial systems and higher central bank independence exhibit lower adoption but stricter regulatory frameworks. The research underscores the role of financial inclusion in driving cryptocurrency adoption in regions with limited banking access. Future studies should expand the scope, conduct longitudinal analyses, and investigate the interaction between central bank digital currencies (CBDCs) and cryptocurrencies to deepen understanding in this evolving field.

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