IMK: Crypto Growth 'Could Create Vulnerabilities' In Economy

[Ozark]

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances.

REPORT HIGHLIGHTS ‘SOURCES OF RISK’

The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.”

“Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of risk because they could undermine cross-border payment systems and disrupt the flow of goods and services,” the Outlook’s authors wrote. Read more, https://bitcoinist.com/imf-crypto-growth-could-create-vulnerabilities-in-economy/