Jump to content

The IMF called on the international community to regulate Crypto-currency


barbaris

Featured Comment

Posted

The International Monetary Fund (IMF) called on the international community to global coordination in the context of the regulation of crypto-currencies, the rise in prices for which, according to the organization, presents serious risks for investors.

Said IMF spokesman Gary Price.

Quote

“When asset prices go up quickly, risks can accumulate, particularly if market participants are borrowing money to buy. It’s important for people to be aware of the risks and take the necessary risk-management measures.”

Gary Price traditionally stressed that crypto-currencies can be used for money laundering, terrorist financing, tax evasion and fraud.

source: http://www.altcointoday.com/imf-calls-international-cooperation-crypto/

What do you think about it?  How will this affect the currency and the price?  What is better now to buy crypto currency or sell?

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Privacy Policy Terms of Use