International Monetary Fund

  • IMF: Cryptocurrency should not be granted legal tender status and requires a joint regulatory framework

    It is reported that the International Monetary Fund has proposed that crypto assets should not be granted the status of official currency or legal tender in order to maintain currency sovereignty and stability. On February 23 local time, the official website of the International Monetary Fund (IMF) released a press release saying that the Executive Board of the International Monetary Fund (IMF) evaluated a document entitled “Effective Policy Elements of Cryptographic Assets” and agreed on the proposed policy framework and elements in the document. Interpretation of this information: The International…

    02/24/2023
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