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IMF Wants More Regulations for Private Cryptocurrencies

Bloomberg business news
WATCH: Kristalina Georgieva says IMF wants more regulations on private cyrptocurrencies. Source: Bloomberg
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The Financial Stability Board, International Monetary Fund and Bank for International Settlements are committed to presenting a foundation for the regulation of private cryptocurrencies, IMF Managing Director Kristalina Georgieva said.

“In that world of private issuances, there has to be more regulation,” Georgieva said on the sidelines of the G-20 meeting on Saturday.