Director of the International Monetary Fund (IMF) Kristalina GeorgievaHe stated that he would prefer to keep Bitcoin (BTC) and cryptocurrencies under control instead of banning them completely.
According to Bloomberg’s report, IMF chief Kristalina Georgieva in india G20 meeting In his speech before, he touched on the attitude of the United Nations financial institution towards cryptocurrencies. Chairman, the institution’s Bitcoin and cryptocurrencies ban a suitable substitute to the arrangement to be subjected preference stating that the risks growth also the option to prohibit against to keep on the table conveyed.
Georgieva, cryptocurrency ecosystem they are in favor of arranging While stating that the security of consumer protection and financial stability will be the priority criteria in the decisions to be taken regarding this sector.
In an interview with the president, the cryptocurrency industry categorization still big on confusions noted that. between entities with different properties. to clarify the distinction Stating that it is the primary goal of the institution, the president made the following statements:
Our primary goal is to clarify the distinction between government-backed Central Bank Digital Currency (CBDC) and publicly traded cryptocurrencies and stablecoins.
Georgieva, fully collateralized stablecoins for the economy pretty good area stating that he created fully unsecured or unsecured crypto assets high risk pointed out that there is a field and that they are not money expressed.
The President also referred to an article in which the institution recently announced a 9-point action plan on the attitude of countries towards cryptocurrencies. they are not supported for legal currency to status that they cannot reach suggested.
IMF, Financial Stability Board and Bank for International Settlements (BIS) in the second quarter of 2023 to the regulatory framework It was also stated that it is preparing to issue a directive on the subject.