News Snapshot:
IMF - There was a clear separation between the cryptocurrency and financial markets in general prior to the COVID-19 pandemic in Asia. The International Monetary Fund thinks that because the border has become thinner, further regulatory measures are now necessary. IMF Reports Increasing Correlation Between Asian Equities Markets And Crypto IMF economists expressed their worries about the dynamics of Asian markets in a blog post dated August 21 , where it appears that the integration of cryptocurrencies into the larger financial system is expanding quickly. The analysts noted that this presents some dangers to financial stability and added: “While the...
