Regulation of Crypto Assets
FinTech Notes, January 10, 2020
Source details
- Canonical URL
- Regulation of Crypto Assets
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Bibliographic details
- Authors: Cristina Cuervo, Anastasiia Morozova, Nobuyasu Sugimoto
- Published: January 10, 2020
- Series: FinTech Notes
- DOI: https://doi.org/10.5089/9781513520315.063
Summary
- The rapid growth of crypto assets has raised questions about the appropriate regulatory perimeter and the ability of the existing regulatory architecture to adapt to changing conditions.
- Effective regulation of financial services promotes long- term economic stability and minimizes the social costs and negative externalities from financial instability.
- The same underlying principles for regulation should apply to nascent products and services based on innovative technologies, notwithstanding design challenges.
Publication and authorship
- Authors: Cristina Cuervo, Anastasiia Morozova, Nobuyasu Sugimoto
- Publication date: January 10, 2020
- Series: Fintech Notes No 2019/003
- Issue: 003
- Volume: 2019
- Pages: 26
- DOI: https://doi.org/10.5089/9781513520315.063
- Stock No: FTNEA2019003
- ISBN: 9781513520315
- ISSN: 2664-5912
- Preview citation: Cristina Cuervo, Anastasiia Morozova, and Nobuyasu Sugimoto. "Regulation of Crypto Assets", FinTech Notes 2020, 003 (2019), accessed 7/29/2026, https://doi.org/10.5089/9781513520315.063
Key subjects and keywords
- Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Blockchain and DLT, Crime, Economic sectors, Financial crises, Financial institutions, Fintech, Securities, Technology, Virtual currencies
- Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Bali Fintech agenda, Blockchain and DLT, Fintech, FinTech note, FINTECH note, Global, IMF multimedia service, Securities, trading platform, Virtual currencies
Core policy implications and considerations
- Regulators should assess and define the appropriate regulatory perimeter for crypto assets to ensure coverage of activities that could pose risks to financial stability and consumers.
- Existing regulatory architectures may need adaptation to address changing conditions introduced by crypto assets and related technologies.
- Principles of financial regulation—aimed at long-term economic stability and minimizing social costs and negative externalities—remain applicable to innovative fintech products and services, despite design and implementation challenges.
International Monetary Fund — Regulation of Crypto Assets (FinTech Notes No 2019/003)
Content in this bundle
- Regulation of Crypto Assets; Fintech Note 19/03