The Great Reset: IMF recommends no legal tender status for crypto including Bitcoin.

"The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status."

The paper Elements of Effective Policies for Crypto Assets was discussed on February 8, 2023 by the Executive Board of the International Monetary Fund.



https://www.imf.org/en/News/Articles/2023/02/23/pr2351-imf-executive-board-discusses-elements-of-effective-policies-for-crypto-assets

"The top recommendation was to 'safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant crypto assets official currency or legal tender status.'"

"Outlining its Executive Board's assessment, the IMF said directors welcomed the proposals and agreed the widespread adoption of crypto assets 'could undermine the effectiveness of monetary policy, circumvent capital flow management measures, and exacerbate fiscal risks.'"

More in the articles above and below.

https://www.reuters.com/technology/imf-lays-out-crypto-action-plan-recommends-against-legal-tender-status-2023-02-24/

Location: Washington, DC, USA

Comments

Post a Comment

Popular posts from this blog

Globalists: Canada-US relationships is over – 'It's official! Mark Carney's lost it. This guy is a lunatic.'

Image
"Current PM of Canada Mark Carney is making wild statements as negotiations between Canada and the USA have not yet settled. Mark Carney is in a limited role [as PM in a caretaker role] as there is an ongoing election in Canada at the moment and he is not able to finalize any trade negotiations." "What is it going to be? Are we going to become friends with the United States again, or are we going to become part of the United States? From X posts: @dubsndoo: Trump didn't give Canada a 69 cent dollar. Trump didn't give Canada shitty healthcare. Trump didn't let 4 million refugees into Canada. Trump didn't legalize killer drugs in Canada. Trump didn't double our debt. The Liberals did all of this; make them pay at the polls. @ztisdale: The main reason behind the annexation of Canada has to do with US national security. Canada has become a hostile Marxist country and a CCP puppet state in the eyes of the Trump Administration. It's intolerable, and una...
Read more