- A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries”.
- The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty of countries.
- UNCTAD has recommended a set of policy actions, stating that it “urges authorities to take the following actions to curb the expansion of cryptocurrencies in developing countries”.
UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries

