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IMF Views ‘Cryptoization’ as Threat to Global Economy

In its semi-annual Global Financial Stability Report, the IMF says the adoption of a cryptocurrency as national currency “carries significant risks and is an inadvisable shortcut.”

The International Monetary Fund published a report on the policy considerations for issuing a central bank digital currency Monday.
The International Monetary Fund published a report on the policy considerations for issuing a central bank digital currency Monday.