IMF officials call for ‘far-sighted’ digital currency regulation
Stablecoins could put weaker currencies at risk and increase illicit activities, IMF officials warn
Policy-makers should create far-sighted regulatory regimes for the rise of digital currencies, a blog published by the International Monetary Fund says.
“Policy-makers will need to innovate and collaborate across countries, but also across function,” writes Tobias Adrian, director of the IMF’s monetary and capital markets department, and deputy division chief of the department, Tommaso Mancini-Griffoli.
The blog post was published following a recent paper Adrian and Mancini-Griffoli wrote on
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