On 14 October, the IMF published an edition of its Fintech Notes, which offer practical advice from IMF staff members to policymakers on important issues. Despite the advantages, it says that virtual assets are susceptible to criminal abuse. Some of their features — in particular their varying degrees of anonymity or pseudonymity — raise new challenges for country authorities. Criminals have misused these features to facilitate fraud, theft, money laundering and terrorist financing, amongst other crimes.
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