IMF: Nepal Must Monitor Crypto Despite Ban
IMF urges Nepal to monitor crypto as usage rises despite existing ban, highlighting enforcement challenges in emerging markets.
SourceAnalysis
IMF has called on Nepal to ramp up monitoring of crypto activity after data showed rising adoption even with the country's longstanding ban in place. The recommendation comes as regulators worldwide tighten oversight on digital assets in emerging economies, with Nepal's case underscoring persistent enforcement gaps. Officials now face pressure to align local policy with global standards on cryptocurrency tracking.
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