Feb 27th, 2023

IMF on More Regulations for Private Cryptocurrencies

Kristalina Georgieva says IMF wants more regulations on private cyrptocurrencies. IMF Managing Director tells Bloomberg exclusively because they lack the backing from authorities, they are speculative and therefore there is a high risk associated with them. She spoke with us on the sidelines of the G-20 finance ministers meetings in Bengaluru, India.