While the paper outlines a comprehensive regulatory framework, it also cautions against blanket bans on all VDAs activities. Such bans, the paper argues, can be costly and challenging to enforce due to the borderless nature of VDAs. They may also lead to increased incentives for circumvention, resulting in heightened financial integrity risks.
Bank deposit rates to stay firm in Q4 as loan demand peaks
Bank deposit rates are expected to remain steady. Lenders need funds for increasing loan demands. The recent CRR cut offers some relief but the busy
December 23, 2024