November 8, 2024

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IMF working paper proposes country-level assessment matrix for crypto risks

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IMF working paper proposes country-level assessment matrix for crypto risks

A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector. 

On Sept. 29, the IMF

As crypto rapidly develops, regulators are playing catch up on putting in place responses to potential risks in the nascent space. On Sept. 7, the IMF and the Financial Stability Board collaborated on a joint paper containing policy recommendations, at the request of the Indian G20 presidency. The paper combined standards and consolidated recommendations for various risks associated with activities in crypto.

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