Crypto investors currently have little to no protection in the market, as there is no regulatory framework in place to ensure protection of assets . Some exchanges maintain compliance with evolving federal and state regulators in the United States.
Read moreWhat is IMF coin?
An IMFCoin, as several publications have dubbed it, could potentially reinvigorate the SDR’s standing in the international finance system. This is because a digital currency would replace the dollar as a reserve currency in international trade transactions .
Read moreWhat does the IMF say about Bitcoin?
Bitcoin has lost about half its value since November . The IMF has warned President Nayib Bukele of the risks the cryptocurrency poses to the country, stressing that it would be difficult to get a loan from the institution.26 Oca 2022
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