The International Monetary Fund (IMF) has warned governments and investors about several risks for the global financial system with crypto assets named as one of those factors, the body said on Tuesday in its new World Economic Outlook.

The IMF included quick crypto market developments in the category of financial tension challenges, which it described as factors that could trigger a sudden change in international economic conditions. For instance, firmer-than-expected inflation in the United States and economic turmoil in Turkey also came under this category of the Outlook.

“Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of risk because they could undermine cross-border payment systems and disrupt the flow …

This article appeared first on Cryptovest

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