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IMF warns governments to regulate DeFi or risk a financial crisis
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fnlondon.comThe International Monetary Fund has a message for governments: Find ways of regulating DeFi platforms for trading and lending cryptocurrencies before the risk to the global financial system spirals out of control.
The IMF made that call in its latest Global Financial Stability Report, published this week. The document outlines a litany of risks to the global financial system, including “shockwaves from the war in the Ukraine” and a dangerous mix of inflation, debt, and monetary policies.
Crypto...
Read more on fnlondon.comAbout this in other media
Economic downturn likely, the Institute of Directors warns theguardian.com /2 years ago
Binance blocks crypto accounts of relatives tied to the Russian government cointelegraph.com /2 years ago
'Ready, steady, NFT:' Ukrainian government accepts NFT donations cointelegraph.com /2 years ago
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