UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries

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A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty of countries. UN Trade Body’s Crypto Policy Recommendations The United Nations Conference on Trade and Development (UNCTAD) urged authorities in developing countries worldwide to take action to pr ...

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