According to Cointelegraph, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that digitalization is the "most important way" to expand inclusive finance. "Digital initiatives help accelerate the development of people, investment, and the economy." She urged the development of a comprehensive national financial inclusion strategy, but reminded participants to pay attention to financial stability risks, which are often associated with digitalization.
The International Monetary Fund has recently been actively analyzing necessary cryptocurrency regulations. On September 29, it proposed a Cryptocurrency Risk Assessment Matrix (C-RAM) for countries to identify indicators and triggers of potential risks in the industry.