IMF Report Views ‘Cryptoization’ as Threat to Global Economy — CoinDesk

IMF Report Views ‘Cryptoization’ as Threat to Global Economy — CoinDesk

To avoid the risks of cryptoization, the report suggested that countries enact policies that could help curtail growing crypto demand, including strengthening monetary policy, safeguarding the independence of central banks, and implementing “effective legal and regulatory measures to disincentivize foreign currency use.”

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