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Tobias Adrian on the Future of Finance
IMF Podcasts
Is Bitcoin a Legal Tender?
The i m f is against the adoption of crypto assets as a legal tender. It's extremely difficult to plan for, say, tax revenues or expenditures based on a price level that is so volatile. But having said that, we are very supportive of countries that are developing cbd c s - some of which might be developed based on crypto technology.
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