International Monetary Fund ( IMF), on how countries should approach cryptocurrencies He created a nine-item action plan.
The spread of cryptocurrencies has also attracted the attention of countries. Many countries have stepped up their efforts to pursue new technologies and digital assets that have become widespread. One of them, Hong Kong, is working hard to become a crypto hub.
On the other hand, efforts are being made to ensure regulatory clarity on the crypto industry quickly. In this context, the IMF has created a nine-item action plan that examines the way countries approach crypto assets.
IMF Creates Action Plan for Crypto Assets
International Monetary Fund ( IMF), emphasizing the spread of cryptocurrencies, covering how countries should behave He prepared a nine-point action plan.
The global economics body aims to provide guidance to countries dwelling on cryptoassets and achieve clarity on the key elements of an appropriate policy response. IMFIn this study, which covers member countries, “ Elements of Effective Policies for Crypto Assets”Discussing an article called
In this action plan prepared by the IMF, in the first article, bitcoincryptocurrencies such as “not giving legal status”there is a defence.
The organization stated that after the collapse of a number of cryptocurrency exchanges and crypto assets over the past few years, such efforts have become a priority for authorities. According to the organization, this situation stands out as a necessary situation in order not to be vulnerable.
IMFThe most important advice from “maintain monetary sovereignty and stability by strengthening monetary policy frameworks and not give crypto assets official currency or legal tender status”it happened.
In short IMFdoes not want crypto assets to replace traditional currencies.
