IMF wants more crypto supervision in the Philippines | The Daily Forkast
IMF warns issues warnings against crypto exchanges in the Philippines as China extends tests of its digital yuan to its free trade zone, Hainan Province.
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund.
The IMF warns status of the country’s financial sector could diminish if exchanges are left unchecked and potentially abused for financial crimes.
That’s as China extends tests of its digital currency to its free trade zone, Hainan Province.
We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, April 13