Episode

Nepal’s Crypto Surge Sparks IMF Warning

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 11, 2026
Duration seconds
125
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Summary

Nepal’s crypto ban may be on paper, but the IMF says digital assets are booming underground—with stablecoins leading the charge—and warns the government must act fast to prevent financial chaos. Despite a 2021 crackdown that shut down all crypto activity, inflows jumped to over $2.6 billion in 2021, nearly 13% of GDP. Experts argue regulation should target risky behaviors, not tech itself, while the IMF pushes Nepal to clear its FATF grey list with a solid regulatory plan. Meanwhile, the IMF also urges El Salvador to rein in its Bitcoin experiments, despite claims of daily purchases—highlighting the global tug-of-war between innovation and oversight. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/a6ddc8e15179e9e3