TNPSC Thervupettagam

Global Financial Stability Report 2021

November 24 , 2021 1086 days 648 0
  • The International Monetary Fund (IMF) released this report.
  • It is a semi-annual report to assess the stability of global financial markets.
  • As per Global Consumer Survey in 2020, 99 per cent of its respondents responded that they did trade in cryptocurrencies.
  • Nigeria, Vietnam and the Philippines topped the mentioned survey.
  • India ranks higher than China, United States, Germany and Japan in crypto adoption.
  • As per the report, Bitcoin remains the dominant Crypto asset.

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