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UN trade body calls for halting cryptocurrency rise in developing countries

news.un.org

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Re: UN trade body calls for halting cryptocurrency rise in developing countries

#4
From the headline I was wondering if the IMF was behind this article and sure enough:

> “For some of these reasons, the International Monetary Fund has expressed the view that cryptocurrencies pose risks as legal tender,” the agency said.

The IMF naturally doesn't like any threat to their mission:

https://en.wikipedia.org/wiki/Debt-trap_diplomacy

Re: UN trade body calls for halting cryptocurrency rise in developing countries

#10
post #3

What a tragedy it would be if developing countries freed themselves from the grasps IMF, WEF, etc.

Can't let that happen! The anti-money laundering excuse got old, which excuse will they use next? Anti-terrorism?
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