Dell;s company, which sells a variety of products from hardware to cloud computing services, began accepting the cryptocurrency as a form of payment in 2014. It later stopped transacting with bitcoin in 2017 due to “low demand.”
China’s ban on cryptocurrency trading is seen weakening Hong Kong’s role as a bridge for investors to access the mainland Chinese market.
The rapid growth of crypto has prompted pushback from governments, with China going as far as to ban cryptocurrency transactions last month and vow to root out crypto miners
Rather than the fractured and disjointed rules that currently exist for crypto regulation, the IMF report paints a picture of a global rule book that sees consumer protection at the top of its agenda.
