Digitisation of money brings more regulatory risks – IMF head
Georgieva says crypto regs are in early stages and not yet coherent internationally
The managing director of the International Monetary Fund has described the potential for regulatory fragmentation as the biggest risk posed by the rapid advances in digital currencies.
Speaking at the IMF and World Bank annual meetings in Washington on October 14, Kristalina Georgieva said developments in cryptocurrencies were taking place at lightning speed. “So, I’m telling my members, understand [these developments] and then decide for yourself how you’re going to operate in this world,” she
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