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The Coin Rise
2022-07-27 03:25:45

IMF doesn’t think crypto turmoil harmed broader financial stability

IMF doesn’t think crypto turmoil harmed broader financial stability

On Tuesday, the International Monetary Fund (IMF) said that it believes the ongoing crypto market turmoil has not affected global financial stability. While a recent report published by IMF acknowledges that the “dramatic selloff” in the crypto market has “led to large losses in crypto investment vehicles and caused the failure of algorithmic stablecoins and crypto hedge […]The post IMF doesn’t think crypto turmoil harmed broader financial stability appeared first on Blockchain, Crypto and Stock News.

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