IMF officials say crypto assets have gained more mainstream presence as 'hedges against weak currencies and potential payment instruments.' cryptocurrency
IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments
“Crypto assets have been around for more than a decade, but it’s only now that efforts to regulate them have moved to the top of the policy agenda,” the report describes, elaborating: “The failures of crypto issuers, exchanges, and hedge funds — as well as a recent slide in crypto valuations — have added impetus to the push to regulate,” the authors noted.
“For a start, the crypto world is evolving rapidly. Regulators are struggling to acquire the talent and learn the skills to keep pace given stretched resources and many other priorities. Monitoring crypto markets is difficult because data are patchy, and regulators find it tricky to keep tabs on thousands of actors who may not be subject to typical disclosure or reporting requirements,” they explained.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
India Surpasses UK as World's 5th Largest Economy Based on IMF Data – Economics Bitcoin NewsIndia is now the world’s fifth-largest economy after surpassing the U.K. based on data from the International Monetary Fund (IMF).
Weiterlesen »
U.K. may be on road to another IMF bailout, strategist warnsIs the U.K. on the road to an International Monetary Fund bailout? Here's what two strategists are saying.
Weiterlesen »
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin NewsBillionaire David Rubenstein is bullish about crypto. 'The greatest fortunes are made when people go against conventional wisdom,' he said. cryptocurrency bitcoin
Weiterlesen »
US Lawmaker Says 'Too Much Money and Power' Behind Crypto to Ban It – Regulation Bitcoin NewsU.S. Representative Brad Sherman says Congress has not banned crypto because 'there’s too much money and power behind it.'
Weiterlesen »