Saudi Central Bank Governor Urges IMF to Supervise Crypto Assets to Address Risks

Ayman Alsayari, Governor of the Saudi Arabian Monetary Authority (SAMA), gave a speech at the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Morocco regarding the global economy and cryptocurrency assets. Alsayari urged the International Monetary Fund (IMF) to provide "good supervision" of cryptocurrency assets to address risks. Alsayari stated that we need good supervision, regulation, and coordination of cryptocurrency activities. In this context, we support the work and related roadmap of the International Monetary Fund and the Financial Stability Board in addressing cryptocurrency-related risks.

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