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cryptocurrency: IMF-FSB synthesis paper unveils crucial policy recommendations for VDA stability

While the paper outlines a comprehensive regulatory framework, it also cautions against blanket bans on all VDAs activities. Such bans, the paper argues, can be costly and challenging to enforce due to the borderless nature of VDAs. They may also lead to increased incentives for circumvention, resulting in heightened financial integrity risks.
Stablecoins Gscs International Monetary System Virtual Digital Asset Monetary Sovereignty Fiscal Risks Adopting Unambiguous Tax

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