IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning

The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand, including citizens’ unmet digital payment needs.” IMF Economists on Crypto Adoption, Banning, and Regulation The International Monetary Fund (IMF) published an article

The post IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Russian Personalities Warn About the Consequences of Banning Bitcoin

Telegram CEO Pavel Durov has joined critics of the Russian Central Bank’s proposed move to ban cryptocurrency mining and trading in the country.

Continue reading Russian Personalities Warn About the Consequences of Banning Bitcoin at DailyCoin.com.

View Details

The number of countries banning crypto has doubled in three years

Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018. A report by the Library of Congress (LOC) details the nine jurisdictions that have now applied an absolute ban on crypto and the 42 with an implicit ban. […]

View Details

Russian Central Bank to Ban Bitcoin: Report

The Bank of Russia is reportedly concerned that cryptocurrency investments might risk the country's financial stability.

View Details