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IMF Blog: Better Regulation of Africa's Growing Crypto Market Urgently Needed

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A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country are “much greater if crypto is adopted as legal tender.”

(By Terence Zimwara)

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