“Whereas a number of nations have utterly banned crypto belongings given their dangers, this strategy is probably not efficient in the long term,” The IMF mentioned in a web site put up about curiosity in central financial institution digital foreign money (CBDC) adoption in Latin America and the Caribbean. “The area ought to as an alternative concentrate on addressing the drivers of crypto demand, together with residents’ unmet digital cost wants, and on bettering transparency, by recording crypto asset transactions in nationwide statistics.”
