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IMF: #Blockchain in #Malta poses ‘significant risks’ to financial system

IMF: #Blockchain in #Malta poses ‘significant risks’ to financial system | Investors Europe, Gibraltar | Scoop.it
According to the IMF, the rise of the blockchain sectors in Malta isn’t wholly innocent, and could in fact pose “significant risks” to the country’s financial system.
Yididiya Mulatu's insight:

'In comments made in a paper following a visit to Malta, the IMF highlighted risks around money laundering and terror financing in particular, with broader implications for the financial system on the island.'

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