IMF advises the Marshall Islands on Cryptocurrencies

IMF advises the Marshall Islands on Cryptocurrencies

The International Monetary Fund (IMF) expressed its opinion about the risks connected to cryptocurrency adoption as a second legal tender by the Republic of the Marshall Islands (RMI). According to the IMF, this would “increase macroeconomic and financial integrity risks, and elevate the risks of losing the last U.S. dollar correspondent banking relationship.”

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