IMF Recommends Against Legal Tender Status for Crypto in Its Action Plan

IMF Recommends Against Legal Tender Status for Crypto in Its Action Plan

The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status. The global lender of last resort said its Executive Board had discussed a paper, “Elements of Effective Policies for Crypto Assets,” … Read more