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Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper
The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time. дальше »
2020-12-17 17:09 | |
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Major Central Banks to Discuss Digital Currencies Amid IMF Conference
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference
дальше »2020-2-6 12:22 | |
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Hamstringing an Industry With Compliance Costs
The risk to the industry when crypto companies have to spend millions on compliance, plus new BTC mining in TX and the IMF on digital currencies. дальше »
2020-1-8 23:00 | |
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Crypto’s Have ‘Intriguing Possibilities’ But Won’t Replace USD As Global Reserve Currency: IMF Chief
International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […] дальше »
2020-1-7 18:49 | |
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IMF's Chief Economist: Digital currencies issued by tech firms may be advantageous
The International Monetary Fund's Gita Gopinath has joined the list of financial personalities that have opined on digital currencies, via an article written for the Financial Times. The article titleThe post IMF's Chief Economist: Digital currencies issued by tech firms may be advantageous appeared first on AMBCrypto. дальше »
2020-1-7 17:36 | |
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IMF Cautiously Approves Central Bank Digital Currencies
The IMF has recently recommended to central banks worldwide to explore the introduction of Central Bank Digital Currencies, but to proceed with caution. CBDC Could Prove Useful to Central Banks In its most recent weekly blog post, the IMF has suggested that CBDC have a number of benefits. дальше »
2019-12-17 19:47 | |
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IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance
The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently the 4th largest producer of digital currencies from mining operations. дальше »
2019-11-30 21:34 | |
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IMF To Warn Central Banks That Payment Narratives are Shifting Away From Them
Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power. дальше »
2019-10-18 22:00 | |
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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. дальше »
2019-10-14 08:00 | |
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Fiat Money is in Flux, Stablecoins will Transform the Banking and Money Landscape: IMF
“The world of fiat money is in flux, and innovation will transform the landscape of banking and money. You can bet your bottom dollar on it,” read the IMF's latest blog “From Stablecoins to Central Bank Digital Currencies. дальше »
2019-9-26 20:04 | |
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IMF: Stablecoins Could Surpass Traditional Form of Money
A new IMF paper has said that bank and cash deposits could be kicked to the curb by digital currencies and especially stablecoins. The post IMF: Stablecoins Could Surpass Traditional Form of Money appeared first on Ethereum World News. дальше »
2019-7-17 12:41 | |
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Christine Lagarde of International Monetary Fund Touches on Potential of Crypto, FinTech and Blockchain
Christine Lagarde the Managing Director of the International Monetary Fund (IMF) said a few hours ago that the presence of technology giants using Big Data and AI could eventually disrupt the financial system. дальше »
2019-6-9 18:16 | |
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Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings
Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. дальше »
2019-4-17 20:45 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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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 […] дальше »
2019-2-9 23:37 | |
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Ripple Price Analysis: XRP Reject Losses, IMF Economists Pro Crypto?
Ripple price stable, reject lower lows IMF proposes a duo cash system with virtual currencies and cash in circulation Transaction volumes low, likely to spike as prices recover Finally, IMF economists agree that there is a way governments can incorporate virtual currencies in their economies. дальше »
2019-2-7 21:00 | |
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The Federal Reserve Could Launch a ‘FedCoin’- But There’s Really No Point
It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke out about the benefits of central bank digital currencies (CBDCs) this November. дальше »
2018-12-29 23:00 | |
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“Money Is Changing” Says IMF’s Christine Lagarde As Ripple’s Brad Garlinghouse Concurs The Notion
Virtual currencies expanded all over the world and in many different fields. Indeed, there are several central banks that are getting into digital currencies. There are many benefits of embracing cryptocurrencies or creating new ones. дальше »
2018-12-17 11:08 | |
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Ex-IMF Chief And Current Harvard University Economist Thinks Bitcoin Is Just A ‘Lottery Ticket’
Bitcoin Is A ‘Lottery Ticket’ Says Harvard Economist Kenneth Rogoff, a former IMF chief economist and Professor of Economics and Public Policy at Harvard University, mentioned that Bitcoin (BTC) and other virtual currencies are just ‘lottery tickets. дальше »
2018-12-11 20:00 | |
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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 […] дальше »
2018-12-9 13:08 | |
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International Monetary Fund Director Hints About Embracing Cryptocurrencies At Fintech Festival
IMF Hints About Embracing Digital Currencies At Fintech Festival The International Monetary Fund generated attention across the crypto community this week at Singapore’s Fintech Festival. Earlier this week, the IMF indicated that it may embrace certain types of digital currencies in the future. дальше »
2018-11-19 00:52 | |
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IMF Chair Christine Lagarde Teases Digital Currency at Fintech Festival
Digital currencies are getting serious thought from global bodies. Christine Lagarde, Managing Director of the International Monetary Fund, has hailed the ongoing “Fintech revolution” and enumerated the possible advantages to digitizing money. дальше »
2018-11-17 18:38 | |
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IMF Head Lagarde Urges Central Banks to Consider Issuing Digital Currencies
On November 14, 2018, the International Monetary Fund’s (IMF) Managing Director Christine Lagarde is of the opinion that governments and central banks should look into issuing state-backed digital currencies, witnessing the global shift to cashless economies. дальше »
2018-11-15 22:00 | |
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IMF Head Christine Lagarde Calls For Central Banks Digital Currencies
CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector. дальше »
2018-11-15 11:37 | |
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IMF Chief Calls for Central Banks to Consider Issuing Digital Currencies
International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection. дальше »
2018-11-15 05:00 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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IMF Chairwomen: ‘We Should Consider Issuing Central Bank Digital Currencies’
Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore. дальше »
2018-11-14 22:30 | |
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IMF’s Lagarde Says It’s Time to Consider State-Issued Digital Currencies
Head of the International Monetary Fund, Christine Lagarde, said that central banks should consider issuing state-backed digital currency. The IMF head gave her advice during a speech delivered at the Singapore Fintech Festival. дальше »
2018-11-14 17:00 | |
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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies
Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. дальше »
2018-11-14 15:00 | |
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Ripple CEO Asks IMF Deputy: Don’t Central Banks Already Issue Digital Assets-Versions of Their Fiat?
CEO Ripple, Brad Garlinghouse stood beside IMF Deputy General Counsel, Ross Leckow in a presentation on their opinions on digital currencies during the Singapore Fintech Festival. The pair were asked questions on their views about the current digital asset market and the role of central banks by the audience. Conservative Counsel As a high ranking […] дальше »
2018-11-14 10:25 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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IMF: Rapid Development of Cryptocurrencies Poses Challenges to Financial System
Christine Lagarde, head of the International Monetary Fund (IMF), said the world is on the verge of another financial crash. The increased cybersecurity risk coming from the rapid development of financial technologies such as digital currencies is a reminder that the permanent evolution of the financial system requires vigilant regulators and supervisors, she added. дальше »
2018-10-4 13:00 | |
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Bitcoin Will Become a Global Reserve Asset – Xapo President
The president of Xapo, Ted Rogers has predicted that Bitcoin will become the future of the global reserve asset. The possibility of the cryptocurrency becoming part of the list of currencies in the Special Drawing Right (SDR) of the International Monetary Fund (IMF) has been ruled out by some experts for some reasons. дальше »
2018-6-18 22:37 | |
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