FSB - Does Banning Crypto Solve Anything? IMF Addresses How To Navigate Macro Challenges | Benzinga
The rapid evolution of the crypto-asset landscape has brought forth a plethora of opportunities and inevitable risks.
Some nations, including China, Qatar and Saudi Arabia, have implemented outright bans on digital assets. However, a joint policy paper by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) suggests that banning cryptocurrency might not be the panacea for eliminating inherent risks.
The insights from this policy paper could serve as a precursor to the discussions at the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, where a dedicated panel on cryptocurrency risks and regulations is set to shed more light on this pressing issue.
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Diving deeper into the report, it's evident that ...