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The Crypto Report: Ukraine central bank restricts crypto purchases, IMF aims to regulate DeFi

The Crypto Report: Ukraine central bank restricts crypto purchases, IMF aims to regulate DeFi

The central bank of Ukraine is restricting cryptocurrency purchases abroad using the country’s local currency. Private individuals can only purchase crypto using foreign currency up to the equivalent of $3,400 per month per month. The IMF published its latest Global Financial Stability Report this week – which outlines measures aimed at regulating the decentralized finance sector.