IMF Outlines Nine-Point Crypto Action Plan, Aims to Block Cryptocurrencies From Becoming Legal Tender

IMF Outlines Nine-Point Crypto Action Plan, Aims to Block Cryptocurrencies From Becoming Legal Tender

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 global lender of last resort said its Executive Board had discussed a paper, “Elements of…