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IMF outlines cryptocurrency risks, calls for coordinated global regulation
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cnbctv18.comThe International Monetary Fund (IMF) has called for "comprehensive, consistent and coordinated" global regulations for cryptocurrency. In a blog post published on December 9, IMF said, "While the nearly $2.5 trillion market capitalisation indicates the significant economic value of the underlying technological innovations such as the blockchain, it might also reflect froth in an environment of stretched valuations."The organisation that works towards providing global financial stability and facilitating international trade, stressed the need for global regulations.
Read more on cnbctv18.comAbout this in other media
IMF Chief Economist stresses on ‘need for global policy’ on crypto regulation ambcrypto.com /2 years ago
IMF chief economist calls for global policy on cryptocurrency cointelegraph.com /2 years ago
Don't ban but regulate cryptos: IMF's Gita Gopinath economictimes.indiatimes.com /2 years ago
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