Today news
About the same in other media
Crypto's impact on sanctions: Are regulators' concerns justified?
Reading now: 924
The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies.
The rapidly increasing adoption of digital currencies in the last two years makes this discussion more important than ever, especially with the advent of central bank digital currencies (CBDCs) like the digital yuan.
In an interview on Nov.17, United States Deputy Treasury Secretary Wally Adeyemo said that the efficacy of U.S. sanctions would not be undermined by central bank digital currencies.
Adeyemo's remarks follow comments from sanctioned
Read more on cointelegraph.comAbout this in other media
Cryptocurrency News Today: PM Modi's Statement On Crypto Amid Final Preps For Regulation: 10 Facts ndtv.com /2 years ago
Allowing cryptocurrency may erode central bank's control over money supply: Former RBI Guv economictimes.indiatimes.com /2 years ago
Projects are collecting Toys for Tots crypto donations this holiday season cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
