Statement On IMF Paper Calling For Global Crypto Regulatory Framework

Washington, DC – Club for Growth President David McIntosh issued the following statement in response to the recently released International Monetary Fund (IMF) paper, “Regulating Crypto: The right rules could provide a safe space for innovation.”

“The latest IMF report on crypto regulation is extremely misguided and could present national security issues. America should not cede control of our assets to other nations which is exactly what would happen under a global regulatory framework. Self-interested foreign regulators should not be driving markets and personal investment decisions of Americans.” David McIntosh, Club for Growth President