Ban Cryptocurrencies Is a Bad Idea, She Said.

The IMF, the financial stability board and the bank for international settlements are jointly preparing to release regulatory framework guidelines in the second half of this year. When asked what could cause the decision to ban crypto, she said that an inability to protect consumers from the rapidly evolving world of crypto assets would be the primary catalyst. However, the option to ban cryptocurrencies should not be taken off the table if they begin to pose a greater risk to financial stability, she warned. Nevertheless, good regulations, predictability and consumer protection would be a better option and banning would not need to be considered,. Brent crude oil is down over half a point to $75.87 a barrel in North Sea; natural gas doing its