In its most recent Financial System Stability Assessment report, the IMF acknowledged the massive scale of the Brazilian cryptocurrency market, with cross-border crypto flows surpassing traditional alternatives. The report calls for full implementation of AML/CFT measures to plug compliance holes in an incomplete regulatory framework. IMF Acknowledges Size of Brazil’s Crypto Market, Calls for Enhanced […]
Source: https://news.bitcoin.com/imf-sounds-the-alarm-why-brazils-booming-crypto-market-needs-urgent-oversight/
