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IMF Warns of Crypto Drop and More Stablecoins Failing
Jul 29, 2022 11:57 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 6:49 PM)
Image credit: FMP
Tobias Adrian, director of Monetary and Capital Markets for the International Monetary Fund (IMF) gave an interview to Yahoo Finance on Wednesday, sharing his thoughts on crypto and warning investors about the further selling pressure in the crypto market.
Furthermore, he anticipates more failures of some of the coin offerings, in particular the stablecoins that have been hit most hard and are likely to experience runs.
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