Global Crypto Regulatory Framework To Be Introduced Soon! 

At the G20 Meeting, IMF Managing Director Kristalina Georgieva said the IMF would prefer the regulation of crypto assets over a total ban.

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According to Georgieva, separating publicly issued crypto assets and stablecoins from state-backed central bank digital currencies is the IMF's top objective.

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She warns that banning cryptocurrencies could be an option if they become a significant risk to financial stability.

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Georgieva believes that sensible laws with predictability and consumer protection are preferable.

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Global crypto regulatory frameworks are being developed by the IMF, FSB, and BIS for release in the second half of the year.

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