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Weekly Regulatory Update (Week 15, 14/04/2022 - 20/04/2022)
IMF calls for uniform crypto regulatory framework globally. Germany is the ‘most crypto-friendly country,’ says a recent report. Oman plans to allow issuance of real estate tokens.
On Tuesday, The International Monetary Fund (IMF) released its quarterly Global Financial Stability Report, in which it encouraged global policymakers to implement a uniform regulatory framework for crypto.
Germany surpassed Singapore as the most crypto-friendly country in the world in a recent report from Coincub that ranks 46 countries. The report looks into countries’ crypto acceptance based on a number of factors, including ICO status, fraud prevalence, and general availability.
Oman’s virtual asset regulatory framework is set to include real estate tokenization, which will allow the issuance of virtual assets such as real estate tokens for the first time. The country aims to open up real estate opportunities for local and foreign investors.
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