IMF calls for strengthening cross-border surveillance and data standards

According to the December 26 news, the International Monetary Fund (IMF) is still concerned about cryptocurrencies. Especially since the market is growing at a very high cost and management has not raised it. According to IMF data, the market capitalization of all crypto assets in September of this year exceeded $ 2 trillion, ten times since the start of 2020. In October, Evan Papageorgiou "The Cryptocurrency Ecosystem has grown exponentially, but some stress ratings have been traded. these crypto assets “lack efficiency, governance and risk. The IMF believes that national authorities must work hard to establish international rules and strengthen border controls. In addition, it is a new place and national authorities need to support data modeling. Important moment. The function of the global scale requires decisive, swift and concerted efforts to close the gap while controlling economic flows.