Rules, infrastructure needed to prevent crypto risks: IMF chief Kristalina Georgieva

Georgieva said high crypto asset adoption could affect the effectiveness of monetary policy transmission, capital flow management measures and fiscal sustainability due to volatile tax collection. When it comes to the development of digital money, Georgieva said in a panel discussion policymakers could either be part of it and help do it better, or be left out of it – because it would be done anyway.