IMF Call on Crypto Regulations: Needs a “Global Framework”

The International Monetary Fund (IMF) urged all regulators to act together on a global regulatory framework for digital assets.

IMF Capital Markets Department September 20 In the report published on the official website of the IMF on order that investors and consumers will gain your trust and of useful innovations that it would help in its development.

When the global regulation situation is examined, some countries’ regulations about to complete some yet since he didn’t even start arguing department talking about foam regulations, assets only more free stated that it caused them to migrate to the areas. The report states that digital asset markets are a market that is constantly evolving and created with different technologies, so that regulations are necessary. failed with the old ways specified. The digital asset industry traditional reporting not subject to the requirements of data collecting The report, which states that it causes problems for regulators on a big problem claimed it was.

On the other hand, by department regulators’ view of the digital asset sector. against global regulation. problem is located as. More of the industry transitive It allows assets to flow freely from stricter countries in the regulatory framework to free countries and, in fact, condensation of the load on certain regulators. why is this happening. In this context, the department financial security common regulation in terms of necessary claims to be.

Call from IMF on Crypto Regulations: The article called “Global Framework is Needed” was prepared by Hasan Küçük and published on koinbulteni.com.

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