IMF Warns of Stablecoin Risks as Regulatory Divide Widens

The International Monetary Fund (IMF) is sounding the alarm on the risks associated with stablecoins, highlighting a growing regulatory divide between nations. The IMF warns that these digital currencies are expanding at an unprecedented pace, outpacing the ability of global regulations to keep up. In its latest report titled ‘Understanding Stablecoins,’ published on December 5th, the IMF explores whether existing rules can effectively control their inherent risks. ]