🚀 IMF's Crypto-Risk Matrix: A 3-Step Guide to Spotting Crypto Dangers 🧐

The International Monetary Fund (IMF) has published a working paper proposing a crypto-risk assessment matrix (C-RAM) for countries to identify potential risks in the crypto sector and regulators' responses. The 3-step approach includes:

1️⃣ Assessing crypto macro criticality (potential to affect the macro-economy) using a decision tree 🌳

2️⃣ Examining indicators similar to those used for traditional finance 📊

3️⃣ Covering global macro-financial risks affecting systemic risk assessment 🌍

The IMF applied C-RAM to El Salvador, identifying market, liquidity, and regulatory risks due to Bitcoin's legal tender status 🇸🇻💰

What do you think of the IMF's approach? Share your thoughts in the comments! 💬