Part 6/9:
Global Cooperation: Developing digital infrastructure for cross-border payments, reducing reliance on traditional financial systems.
Mitigating Competition: Preventing crypto from undermining the financial stability of fiat currencies.
Strengthening Infrastructure: Creating resilient digital frameworks to support and monitor crypto activity.
Implications for Consumers and Businesses
The regulations foreseen by the IMF suggest a future where crypto activities are closely monitored, taxed, and integrated within national financial systems under strict compliance regimes. This could lead to:
Increased taxation and reporting requirements.
Restricted use of cryptos unless they meet predefined standards.