Investor Takeaway: Despite the alarmist tone taken by a recent joint IMF/FSB report, a deeper look reveals that regulation could benefit crypto investors, providing a framework that could lead to mainstream adoption and price stability. When that happens, your crypto holdings are likely to go up.
The world’s top financial watchdogs have issued a stern warning to governments: crypto could topple the global economy.
That’s the clear message issued by the International Money Fund (IMF) and the Financial Stability Board (FSB) in a paper released yesterday.
This is a big deal.
Their opinion matters. Governments listen to them. And now they’ve said crypto could take down the global financial system.
I think they’re right.
But their recommendations are ultimately good news for crypto investors. Here’s why.
Click here to find out why >> |