Abiodun AladeExperts have called for caution and regulation as the total market value of all the crypto assets surpassed $2 trillion – a 10-fold increase since early 2020.Financial experts with the International Monetary Fund , Dimitris Drakopoulos, Fabio Natalucci and Evan Papageorgiou, who noted that crypto assets offered a new world of opportunities warned that along with the opportunities were challenges and risks.
Experts call for caution as crypto market value surpasses $2trn - Daily Trust
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They also opined that the anonymity of crypto assets created data gaps for regulators and could open unwanted doors for money laundering, as well as terrorist financing.