IMF Managing Director Kristalina Georgievareported that regulation is a better choice than banning cryptocurrencies altogether.
in indiaheld G20during the session of the meeting Georgievastated that it is a better idea for the firm to create regulation on behalf of cryptocurrencies rather than imposing barriers. International Money FundInstead of imposing a ban by directly addressing the crypto industry, he advocated modifying and regulating crypto assets to make them more optimal.
IMF Refuses to Ban Crypto Assets Completely!
based on finance in India G20after the meeting Georgievastated that it aims to make crypto assets convenient by adding differences and regulations, rather than the coming of direct bans on crypto.
At the meetings held United NationsOutlining how the Financial Institution looks at digital assets and its plans as regulation GeorgievaHe added that he approaches digital assets in a constructive way, not as a destructive one.
Georgievaexpressed his thoughts at the meetings as follows;
“We are in favor of regulating the issue of digital assets, and that will come first.”
IMF Managing Director, as a result of his statements, crypto investors your attention over shrunken case.
