IMF warns of crypto risks, recommends global standards
IMF also said that capital flow management may need to be fine-tuned due to digital currencies.
IMF also said that capital flow management may need to be fine-tuned due to digital currencies.
Digital asset market capitalization was about $1.5 billion in 2013 and the market capitalization is at nearly $3.0 trillion today
The number of people who know cryptocurrencies has increased dramatically since similar research in 2015 showed that less than 50% of people knew about bitcoin.
Some 170 companies applied for a MAS licence, taking the total number of firms seeking to operate under its Payment Services Act to about 400, after the law came into effect in January last year