IMF Says Adoption of Crypto Could Undermine Political Power, Urges ‘Global Standards’

The International Monetary Fund (IMF) is warning against the dangers of unregulated crypto in a newly released report. In the new Global Financial Stability Report, the IMF suggests that domestic policymakers should develop globally-minded regulations of the disruptive but growing blockchain financial sectors, like decentralized finance (DeFi) and fintech. “Policymakers should develop comprehensive global standards for […]The post IMF Says Adoption of Crypto Could Undermine Political Power, Urges ‘Global Standards’ appeared first on The Daily Hodl.