“Cryptocurrencies Clearly Shake The World” – International Monetary Fund Managing Director Admits

2019-4-11 09:02

The International Monetary Fund’s Managing Director, Christine Lagarde, has stated that there is indeed a lot of value in… The post “Cryptocurrencies Clearly Shake The World” – International Monetary Fund Managing Director Admits appeared first on Invest In Blockchain.

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Stock Market Looks Recession-Proof, So What’s Holding Back the Dow?

The Dow Jones Industrial Average held relatively steady on Wednesday. According to Goldman Sachs, the US stock market recovery is unlikely to run into a recession anytime soon. If that’s the case, what’s holding back the Dow? Strategists Spar over Recession Risk and Dow Danger On Wednesday, the International Monetary Fund (IMF) slashed its outlook of the global economic growth rate from 3.

2019-4-10 20:59


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Fund Manager: Bitcoin Becoming a Hedge Against ‘Irresponsible’ Banks

Fund manager Travis Kling believes that more people are becoming open to the idea of Bitcoin being a haven from central banks’ “irresponsible” monetary policy. Bitcoin is Becoming a Safe Haven Travis Kling, chief investment officer at Ikigai Asset Management, believes that more people are becoming open to the idea of Bitcoin being a haven from uncertainties in the mainstream market.

2019-4-8 17:00


IMF Committed to Bitcoin Adoption and Fostering a “Cashless Society”

International Monetary Fund that fosters global monetary cooperation and secure financial stability is keen on a digitized world and is having a “cashless society”vision. Recently, IMF released a report titled Crypto Currencies and Monetary Policy by Jeffrey Franks, Director of IMF Europe Office where he talks about how “Money has evolved over time, to meet […]

2019-2-9 23:37


International Monetary Fund’s Lagarde Sees Fintech as a Prevailing Force, Alternative to Banks in the Next Crisis

The World Economic Forum was held this week in Davos, and there were many major players in the traditional finance and cryptocurrency worlds discussed globalization. Christine Lagarde, the managing director of the International Monetary Fund (IMF) hosted one of the panels, and she had plenty to say about the growth of fintech and the need […]

2019-1-26 20:54


Mark Dow Believes Bitcoin’s Scammy Promotion Runds Wild And Has No Credible Use Cases

Mark Dow Believes Bitcoin Is Too Scammy And Volatile To Be Widely Adopted The recognized analyst and trader Mark Dow is skeptical about Bitcoin’s future as a widely used digital asset. In a recent tweet uploaded on January 2, the former International Monetary Fund (IMF) economist, believes that the world’s leading digital currency does not […]

2019-1-4 02:17


Are Central Bank-backed Cryptocurrencies the Real Future of Blockchain Assets?

There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […]

2018-12-9 13:08


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Bitcoin’s Borderless Power: IMF Recognizes Positive Impact On Global Finance

Amidst economic turmoil and stringent regulations, citizens in countries like Argentina and Venezuela have turned to Bitcoin as a lifeline. The International Monetary Fund (IMF) examines how individuals in these nations are leveraging Bitcoin to manage their finances, bypassing capital controls through off-blockchain transactions.

CBDCs could eventually replace cash, IMF indicates

The IMF says that state-issued digital currencies can replace cash, which is costly to distribute in island economies. While the adoption of central bank digital currencies (CBDCs) is nowhere close, they can eventually replace cash, which is “costly to distribute…