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Murtuza Merchant

FORGOTTEN HISTORY: Does banning crypto solve anything - Caught on Camera

Crypto FSB International Monetary Fund Omar Marques Bitcoin

In this photo illustration a Bitcoin logo is displayed on a smartphone. The IMF and FSB provided comprehensive guidance to help authorities navigate the macroeconomic and financial stability challenges posed by crypto-asset activities. OMAR MARQUES/SOPA IMAGES/LIGHTROCKET/GETTY IMAGES

The rapid evolution of the crypto-asset landscape has brought forth a plethora of opportunities and inevitable risks.

Some nations, including China, Qatar and Saudi Arabia, have implemented outright bans on digital assets. However, a joint policy paper by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) suggests that banning cryptocurrency might not be the panacea for eliminating inherent risks.

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