Cryptocurrencies are no longer “fringe” assets in the financial market according to the International Monetary Fund (IMF). The IMF warns that there needs to be a coordinated global regulatory framewor...
Tag: IMF
IMF Economists Warn of ‘Contagion’ Risk in Increasingly Linked Bitcoin and Stock Markets
In brief The price correlation between crypto and stock markets is increasing. This poses a risk to countries with heavy crypto adoptions, say three IMF economists. For roughly a decade, Bitcoin and o...
IMF: Crypto Poses Contagion Risks
Alex Dovbnya The growing correlation between crypto and equities poses systemic risks, according to the IMF In its most recent report, the International Monetary Fund (IMF) has noted that Bitcoin and ...