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IMF: Russia-Ukraine Crisis Will Boost Crypto Adoption

source-logo  coingape.com  + 4 more 31 March 2022 14:05, UTC

Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), said on Thursday that economic sanctions imposed on Russia as a result of its invasion of Ukraine will decrease the dominance of the U.S. dollar. She also said the Russian-Ukraine crisis will increase the adoption of digital finance, including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs).

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