Relationship between the Asian equity market and cryptos has increased, as per IMF. IMF suggests regulatory frameworks to protect the investors. According to a recent blog post from the International Monetary Fund (IMF), the interconnection between the Asian equity market and cryptocurrencies has nearly tenfold increased since the Covid-19 pandemic.
According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below $1trillion from its all-time high of $3 trillion. Since the beginning of the year, the global economy has been in a gloomy and depressing state, and multiple incidents this year
She also joked about the “hate tweets” she got when the IMF voiced an objection. According to her, the President of El Salvador Nayib Bukele made the “sovereign decision”. After the catastrophic collapse of the Terra ecosystem, the IMF’s managing director has declared that the world should not be discouraged
Cambridge University starts a new crypto research project and studies. Panthers with the IMF and the BIS for the research project. Goldman Sachs, Visa, Mastercard also play a major role in the project. The crypto industry has become a vivid entity which can never ever be banished off. Crypto ought
Cryptocurrencies are emerging and play a vital role in all fields and industries supporting large businesses as well. Many new entrants are jumping into the crypto space and are very eager to invest their assets into the digital market. Through this, numerous countries are also inspecting to accept the crypto
