International Monetary Fund Calls For Increased Regulation of African Crypto Markets, Says ‘Risks From Crypto Assets are Evident’

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The International Monetary Fund (IMF) has called on African countries to opt for more crypto regulations citing the recent collapse of cryptocurrency exchange FTX. 
In a November 22 blog, the financial agency, which works to achieve sustainable growth and prosperity for all of its 190 member countries, asked for more regulations of Africa’s crypto markets, one of the fastest-growing markets in the world. …
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