The lack of a global regulatory framework for crypto has made it possible, if not imperative, to practice regulatory arbitrage. Last year, directors of the International Monetary Fund’s (IMF) Monetary and Capital Markets department called for a global framework to “bring order to the markets, help instill consumer confidence, lay out the limits of what is permissible, and provide a safe space for useful innovation to continue.”
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- Source: https://www.coindesk.com/consensus-magazine/2023/06/27/crypto-hubs-2023-where-to-live-freely-and-work-smart/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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