“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” The IMF said in a website post about interest in central bank digital currency (CBDC) adoption in Latin America and the Caribbean. “The region should instead focus on addressing the drivers of crypto demand, including citizens’ unmet digital payment needs, and on improving transparency, by recording crypto asset transactions in national statistics.”
Related posts
-
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
Welcome To Latam Insights Encore, a deep view of... -
Crypto Market Mirrors Early June, Says Matrixport Co-Founder
In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital,... -
36% Explosion! ENS Steals The Spotlight In The Crypto Market
The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining...