“The evidence to date suggests there is not much going on in terms of undermining sanctions via crypto assets,” said Tobias Adrian, director of the IMF’s Monetary and Capital Markets department, citing data on prices and volumes of Tether stablecoin transactions. “Of course it’s something that we’re watching very very closely.”
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...