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Thursday, August 8, 2024
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    HomeFinanceCrypto ban 'could also be ineffective in the long run' - IMF

    Crypto ban ‘could also be ineffective in the long run’ – IMF

    The Worldwide Financial Fund (IMF) has reiterated its name for cryptocurrency regulation in sure international locations, however mentioned an outright ban will not be the very best strategy.

    June 22 in a report on Latin America and the Caribbean to the IMF identified to the assorted approaches that native governments are taking when coping with cryptocurrencies and the introduction of central financial institution digital currencies, or CBDCs. (BTC) has been accepted as authorized tender in El Salvador since 2021. in September, and the Bahamas was the primary nation to begin your personal CBDCsand greenback, 2020 October month.

    Proceed studying Coin Telegraph.

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