IMF officials call for ‘far-sighted’ digital currency regulation

Stablecoins could put weaker currencies at risk and increase illicit activities

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Policy-makers should create far-sighted regulatory regimes for the rise of digital currencies, a blog published by the International Monetary Fund says.

“Policy-makers will need to innovate and collaborate across countries, but also across function,” write Tobias Adrian, director of the IMF’s monetary and capital markets department, and Tommaso Mancini-Griffoli, deputy division chief of the department.

The blog post was published following a recent paper written by the two men on how

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