G20 nations were warned by IMF about incoming trouble for crypto-friendly banks

G20 nations were warned by IMF about incoming trouble for crypto-friendly banks

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The IMF sent a report to G20 nations last month which laid out the implications of crypto adoption in emerging markets. • The report warned that banks with exposure to crypto may lose deposits and cease their lending activities. The past week has been devastating for banks affiliated with…

#imf #g20 #silvergatebank #siliconvalleybank #signaturebank #ministryoffinance

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