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Thursday, Oct 28, 2021

IMF recommends CBDC and global crypto standards for financial stability

IMF recommends CBDC and global crypto standards for financial stability

The International Monetary Fund (IMF) released a set of policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption.
The IMF believes in the potential of crypto assets as a tool for faster and cheaper cross-border payments, citing the dramatic increase in the value of the crypto markets despite the bearish trends from May 2021.
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