Conducted by the International monetary Fund (IMF) experiments in the field of blockchain will form the basis for the formation of the vector regulation of the cryptocurrency industry. Cointelegraph reported, citing Deputy General counsel of the IMF Ross Leckow.
According to him, the IMF scrutinizes modern financial technology and the blockchain, but they would be incomplete without the study of artificial intelligence and cryptocurrency.
“Cooperating with the IMF, banks and countries are showing significant interest in regulating an emerging sector”, — said Ross Leckow.
He also said that the international monetary Fund is ready to provide advice in the sector of new technologies. To do this jointly with the world Bank, the IMF launched the initiative “FINTECH-Bali agenda”, which will create and study a list of the main problems standing in the way of implementation of FINTECH solutions.
Recall that in the October World Economic Outlook report the IMF stated that cryptocurrencies can create “new vulnerabilities” in the global financial system.
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