Slow Moving Regulatory Decision Making for Cryptocurrency not Economically Favourable

WASHINGTON DC, August 10, 2022 – A new study by the World Economic Forum suggests that the current, indecisive regulatory approach for both crypto and stablecoins poses the greatest risk to financial and monetary stability while also hindering innovation. Based on interviews with 15 expert economists worldwide, the new white paper says that letting both crypto and stablecoins play a regulated role in an economy is the optimal way to promote the advantages of innovation while curtailing potential downsides. The whitepaper also provides important perspectives on the options available to policymakers as they deliberate the path forward for their respective jurisdictions.

Read More at World Economic Forum

ABOUT WORLD CERTIFICATION INSTITUTE (WCI)

World Certification Institute (WCI) is a global certifying and accrediting body that grants credential awards to individuals as well as accredits courses of organizations.

During the late 90s, several business leaders and eminent professors in the developed economies gathered to discuss the impact of globalization on occupational competence. The ad-hoc group met in Vienna and discussed the need to establish a global organization to accredit the skills and experiences of the workforce, so that they can be globally recognized as being competent in a specified field. A Task Group was formed in October 1999 and comprised eminent professors from the United States, United Kingdom, Germany, France, Canada, Australia, Spain, Netherlands, Sweden, and Singapore.

World Certification Institute (WCI) was officially established at the start of the new millennium and was first registered in the United States in 2003. Today, its professional activities are coordinated through Authorized and Accredited Centers in America, Europe, Asia, Oceania and Africa.

For more information about the world body, please visit website at https://worldcertification.org.