IMF Developing Global Cryptocurrency Platform

2023-6-20 21:00

The International Monetary Fund (IMF) is on a mission to revolutionize the global financial landscape, making strides towards developing a globally interoperable cryptocurrency platform

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imf cryptocurrency platform developing global making landscape

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Источник: u.today

imf cryptocurrency → Результатов: 105

Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.

2023-5-15 08:22	Central Bank
gold-backed zimbabwe reserve bank cryptocurrency success sale

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IMF Warns El Salvador Against Using Tokenized Securities to Fund Bitcoin Purchases

The International Monetary Fund (IMF) has cautioned El Salvador against using tokenized bonds to fund Bitcoin purchases and urged it to reconsider its plan to expand its exposure to the cryptocurrency.

2023-2-13 18:51	xbtusd
fund purchases imf bitcoin using salvador tokenized

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IMF calls for stiffer regulations in African crypto market

The International Monetary Fund (IMF) renewed calls for better consumer protection and regulation of the cryptocurrency industry in the wake of the FTX collapse.

2023-1-3 19:03	IMF
imf calls regulation protection industry collapse ftx

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IMF warns Africa about the risks of its crypto adoption: “time to regulate”

The International Monetary Fund (IMF) warned Africa about the risks brought on by its quickly mounting cryptocurrency adoption. In a recent announcement, the IMF wrote that the recent collapse of major crypto exchange FTX and following crypto market crash “is…

2022-11-25 22:45	Regulation
crypto imf recent adoption africa risks announcement

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IMF: the African crypto market needs regulation as it keeps growing

The International Monetary Fund (IMF) has noted that the rapid emergence and evolution of cryptocurrencies in Africa has highlighted the need for more effective regulatory efforts. Delays in adoption The recent collapse of the FTX cryptocurrency exchange highlighted the risks…

2022-11-23 02:15	IMF
highlighted imf effective regulatory need africa delays

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IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

The official's comments might be relevant to bitcoin traders, since the largest cryptocurrency's has proven to be correlated with the dollar's strength in foreign-exchange markets.

2022-10-13 01:17	Markets
proven cryptocurrency largest traders correlated foreign-exchange markets

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The International Monetary Fund Launches Central Bank Digital Currency (CBDC)

IMF analysts have released a report about the need to create a financial system that includes all the positive aspects of traditional and digital currencies. Given the failure of the Terra ecosystem, the cryptocurrency industry needs to undergo some improvements.

2022-9-8 15:21	News
digital traditional currencies aspects all positive given

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Crypto traders in Asia might not be happiest to read this report

Asia became a hotbed for cryptocurrency adoption following the 2020 COVID-19 pandemic. In its latest report, the International Monetary Fund (IMF) found that the general cryptocurrency market and The post Crypto traders in Asia might not be happiest to read this report appeared first on AMBCrypto.

2022-8-23 17:30	News
report asia cryptocurrency traders crypto might happiest

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IMF Warns More Cryptocurrencies May Fail

Are there more dominoes to fall? IMF believes that cryptocurrency crisis could worsen

2022-7-28 18:37
imf believes cryptocurrency crisis worsen could fall

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IMF Claims Crypto Not A Threat to Financial Stability

The International Monetary Fund (IMF) asserted that the cryptocurrency market downturn doesn’t threaten global financial stability. The post IMF Claims Crypto Not A Threat to Financial Stability appeared first on BeInCrypto.

2022-7-27 12:00
stability imf financial claims crypto threat threaten

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This is why the IMF hates Bitcoin

Last week, the crypto community was taken aback as the Central Bank of Argentina moved to prohibit retail banks from providing Bitcoin and cryptocurrency services. The post This is why the IMF hates Bitcoin appeared first on CryptoSlate.

2022-5-14 11:30	Regulation
bitcoin hates imf providing retail cryptocurrency banks

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IMF’s Hidden Role in Argentina’s Crypto Pushback Rattles Crypto Community

Argentina’s central bank, the BCRA, has prohibited all financial institutions from offering Bitcoin or other cryptocurrency services to clients. According to a Thursday announcement, the bank noted that the measure was taken in a bid to mitigate the risks associated with cryptocurrencies.

2022-5-8 00:51	Cryptocurrency News
crypto bank argentina announcement noted clients services

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IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations

The International Monetary Fund (IMF) has released its quarterly Global Financial Stability Report, and there’s copious mention of cryptocurrency and its complex roles. The post IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations appeared first on CryptoSlate.

2022-4-21 22:30	IMF
imf report financial stability regulations uniform identifies

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IMF global financial stability report sees complex roles for cryptocurrency, DeFi

Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report.

2022-4-20 00:00	Cryptocurrencies
finance report interconnections benefits forms traditional new

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Crypto Use Is More Rampant In Corrupt Countries, IMF Study Shows

The International Monetary Fund has recommended for increased regulation of the cryptocurrency trade, citing the widespread use of digital assets in nations deemed corrupt or with severe financial restrictions.

2022-4-11 09:02	Digital Currency
corrupt use digital assets widespread citing cryptocurrency

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Why Is the IMF So Afraid of Cryptocurrency?

The IMF is not a neutral aid organization, but the economic arm of a vast power structure. Crypto threatens that power.

2022-3-18 20:39	Layer 2
power imf structure vast arm threatens economic

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IMF Chief Economist stresses on 'need for global policy' on crypto regulation

The cryptocurrency boom witnessed in the last couple of years has sprung many countries into action over regulating the digital industry. Naturally, their regulatory approaches have varied based on faThe post IMF Chief Economist stresses on 'need for global policy' on crypto regulation appeared first on AMBCrypto.

2021-12-16 21:00	News
policy imf regulation global crypto economist stresses

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IMF chief economist calls for global policy on cryptocurrency

The economist's remarks come as nations around the world consider how to control cryptocurrencies.

2021-12-17 17:11	Bitcoin Regulation
economist nations come remarks around world control

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IMF Continues Its Cry Against Cryptocurrencies, Warning That It Could Cause Global Financial Instability

The International Monetary Fund has continued its crusade against cryptocurrencies. The Fund’s latest report has warned of the increasing dangers associated with cryptocurrencies. The solution according to the Fund is a global cryptocurrency regulation that is consistent across jurisdictions.

2021-12-13 21:30	IMF
cryptocurrencies fund global against solution associated increasing

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IMF’s Georgieva talks cryptocurrency & CBDCs at virtual conference

IMF Managing Director Kristalina Georgieva discredited Bitcoin and other cryptocurrencies as forms of money,… The post IMF’s Georgieva talks cryptocurrency & CBDCs at virtual conference appeared first on Coin Journal.

2021-10-6 14:45	StableCoin
imf georgieva conference virtual cbdcs cryptocurrency talks

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IMF now the latest to warn against cryptos opening 'unwanted doors'

A handful of cryptocurrency exchanges have suddenly become billion-dollar companies. An explosion in Bitcoin’s popularity has supercharged previously small-time platforms into powerhouses generatingThe post IMF now the latest to warn against cryptos opening 'unwanted doors' appeared first on AMBCrypto.

2021-10-2 14:30	News
cryptos unwanted doors imf against opening warn

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“Bitcoin Is About To Make Fiat Institutions Like The IMF Obsolete,” Says Market Analysts

The cryptocurrency industry’s growth has drawn a lot of attention, especially in 2021. Commentators in government at the international and national levels have had to express their stance on the industry and in particular, Bitcoin – which is the largest cryptocurrency by market valuation as well as the pioneer cryptocurrency.

2021-9-1 19:12	xbtusd
cryptocurrency market bitcoin international industry commentator express

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IMF releases Bitcoin (BTC) ‘risk’ warning… again

Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its […] The post IMF releases Bitcoin (BTC) ‘risk’ warning… again appeared first on CryptoSlate.

2021-8-31 07:00	BTC
imf btc bitcoin days releases risk again

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Former IMF exec: 'I am not going to say Bitcoin is going to implode tomorrow'

The Indian central bank has always been particularly wary of the cryptocurrency industry. According to former Reserve Bank of India Governor Raghuram Rajan, however, cryptos definitely have a "potentiThe post Former IMF exec: 'I am not going to say Bitcoin is going to implode tomorrow' appeared first on AMBCrypto.

2021-8-27 20:30	News
going former implode bank tomorrow bitcoin exec

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Nigeria: IMF voices support for central bank's decision on cryptos

Thanks to the exponential growth recorded by the cryptocurrency market lately, regulators around the world are realizing that they may have to fast-track the process of issuing guidelines with respectThe post Nigeria: IMF voices support for central bank's decision on cryptos appeared first on AMBCrypto.

2021-2-18 15:33	News
nigeria imf decision cryptos bank support central

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IMF Survey Overwhelmingly Supports Bitcoin As “Money”

Bitcoin was created to be the first ever peer-to-peer electronic cash system, and in its wake, an entire industry of digital assets has since been created. Despite the cryptocurrency’s longevity and staying power, there’s still debate amongst policy makers, regulators, and even investors, if the asset class should be defined as “money.

2021-1-15 18:30	xbtusd
money created bitcoin amongst still debate despite

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Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves

At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion).

2020-11-7 02:00
market imf rights bitcoin drawing special billion

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Bitcoin Investors More Bullish Than Ever as IMF Call For “New Bretton Woods”

Bitcoin’s price has stagnated over recent weeks in a tight range. Despite this price action, the fundamentals for the cryptocurrency are rapidly strengthening. Investors in Bitcoin got a boost just recently when the International Monetary Fund called for a new Bretton Woods moment.

2020-10-19 02:00	xbtusd
bitcoin new bretton price woods investors strengthening

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IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’

The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could “completely change the way we sell, buy, save, invest, and pay our bills,” the video states that it “could be the next step in the evolution of money.

2020-8-25 18:35
could cryptocurrency evolution imf money video step

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Cryptocurrency ‘Could Be The Next Step In The Evolution Of Money,’ Says IMF

In its latest crypto shilling video, the International Monetary Fund (IMF) clubbed every cryptocurrency in one bundle with the focus on payments. It doesn’t differentiate bitcoin from others, combining certain properties of the largest digital asset with other cryptos.

2020-8-24 16:37	Bitcoin News
cryptocurrency imf doesn differentiate payments cryptos focus

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Crypto Twitter Not Impressed with IMF Digital Currency Education Video

Yesterday, the International Monetary Fund (IMF) posted a video explaining the basics of cryptocurrencies, and the responses on social media were less than positive. Originally published in June 2018, the two-minute video features a woman breezily explaining how cryptocurrency is the “next step in the evolution of money.

2020-8-24 13:08	#twitter
video imf explaining positive two-minute 2018 originally

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Cryptocurrency vs COVID-19: Bloomzed Project Founder Allocated $ 10 Million to Fight Against Coronavirus

Today, there is almost no place in the world left untouched by COVID-19. People suffer losses, businesses are counting their damage. The IMF assessed the economic impact of COVID-19 and considered the observed global downturn to be the worst since the Great Depression of the 1930s.

2020-5-1 13:16	Press Release
covid-19 imf economic impact assessed losses businesses

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Cryptocurrency News Roundup for April 14, 2020

The International Monetary Fund (IMF) published a new forecast Tuesday predicting that the coronavirus-induced global economic slowdown will get much worse from here before getting any better. Given Bitcoin’s record correlation with traditional markets, the IMF forecast has now cast serious doubt over the much-anticipated post-halving Bitcoin bull run.

2020-4-15 09:25
imf forecast bitcoin correlation traditional record given

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Former IMF Economist: Current Bitcoin Trend is “Textbook Echo Bubble”

Bitcoin’s entire 2019 rally from trough to peak, is nothing more than a “textbook echo bubble” according to a former IMF economist. If the well-known economist is correct, knowing this fact could provide some clues about what happens next for the first-ever cryptocurrency.

2019-12-17 20:00
economist echo bubble former textbook imf bitcoin

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State Bank of India Chief Says Crypto Regulation Is a Must

The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.

2019-10-25 13:05	Virtual Currency
india regulation state bank chairman says crypto

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Around The Block With Jeff And Dave – October 23, 2019

Bitmain establishes 50MW facility in Rockdale, Texas. The IMF warns that banks are losing control of the fiat narrative. We discuss what will happen if the US continues to dump $80Billion a month into the hands of banks.

2019-10-23 16:31	Podcast
banks around jeff block youtube watch hands

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Indian Finance Minister Answers Crypto Questions at IMF Meeting

At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference.

2019-10-21 13:15	World Bank
indian crypto finance minister meeting imf questions

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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.

2019-10-18 22:00	World Bank
imf system central payment based sources servesread

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G7 Report Labels Stablecoins as Significant Risk

The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.

2019-10-14 19:00	USDT
global report stablecoins stability economy board monetary

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IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs

Governments have finally stood up from the sidelines and are actively embracing the innovation brought about by cryptocurrencies. While their approach is not novel, it is a more secure and efficient way of conducting activity in the same way it is done today.

2019-9-27 11:00	StableCoin
explores way imf today relatively activity conducting

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IMF Contemplates the Risks and Rewards of Stablecoins

The International Monetary Fund (IMF) published a new staff paper on September 19, saying stablecoins can cause significant disruptions to the current global payments framework. However, the organization also admits that this type of cryptocurrencies can contribute to improving financial inclusion across the world.

2019-9-20 15:00	USDT
stablecoins imf sector recent according finance across

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Brazil: Central Bank Adopts IMF Cryptocurrency Guidelines

Brazil’s Central Bank, Banco Central de Brasil, published an official notice on August 26, 2019, stating that it had adopted the International Monetary Funds’ (IMF) guidelines with regard to cryptocurrency assets.

2019-8-28 21:00	Regulation
central brazil cryptocurrency brasil banco bank imf

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Report: Regulated Digital Money will Boost Global Payments Systems

Supranational economic institutions have been studying the effects of cryptocurrency and blockchain. In a report released by the IMF, July 15, 2019, they highlight the potential for cryptocurrencies and traditional digital money to spark a new age of payments.

2019-7-17 19:00	Stablecoins
blockchain report economic cryptocurrency money payments digital

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FSB Countries and IMF Open Global Standards For Cryptocurrency Regulations Talks Ahead of G20

Financial authorities from the Financial Stability Board (FSB) and 11 international organization have met in New York in order to discuss global standards of cryptocurrency regulations. After a year in which Argentina hosted the G-20 summit, Japan will be the new country planning the upcoming financial, political and economic meetings for the G-20 throughout 2019. […]

2019-4-30 18:29	Legal & Regulation
financial g-20 new fsb regulations standards global

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IMF Spring Meeting on “Money and Payments in the Digital Age” Says Crypto Payments Inevitable

According to a recent report by the Financial Times, the International Monetary Fund (IMF) and the World Bank are launching their own permission blockchain and a token called “learning coin.” The purpose of these tools will be to study the application of blockchain and cryptocurrency technology. As the report pointed out, the coin was developed […]

2019-4-24 19:20	Bitcoin Innovation
report coin blockchain payments imf tools these

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Afghanistan, Tunisia to Issue Sovereign Bonds in Bitcoin, Bright Future Ahead

Afghanistan and Tunisia are planning to issue sovereign bonds in bitcoin to fund infrastructural developments, reported Asia Times from IMF’s Springs Meetings summit. Khalil Sediq, the governor of the Central Bank of Afghanistan, confirmed that they were looking to utilize cryptocurrency and blockchain technology to raise around $5.

2019-4-17 19:04	Bitcoin
bitcoin afghanistan bonds tunisia issue sovereign sediq

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Bitcoin [BTC] proponent Jimmy Song says IMF already has a sh*tcoin called Special Drawing Rights

Jimmy Song, a well-known Bitcoin influencer and developer, commented on the news surrounding International Monetary Fund and India. Recently, it was reported that the International Monetary Fund [IMF] and the World Bank launched their own cryptocurrency, Learning Coin, which would have no monetary value.

2019-4-16 20:30	News
imf monetary bitcoin jimmy song fund drawing

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IMF director: “crypto disruptors are shaking the system,” launches private cryptocurrency “Learning Coin”

International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects.

2019-4-16 15:00	Mastercard
disruptors lagarde cryptocurrency imf shaking system coin

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IMF and World Bank to Study Crypto with Native Token

The International Monetary Fund (IMF) and the World Bank are working to close the knowledge gap that exists regarding blockchain in the financial world by creating their own quasi-cryptocurrency called the Learning Coin, announced April 13, 2019.

2019-4-15 16:00	World Bank
world imf financial crypto bank blockchain many

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