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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. дальше »
2024-4-24 14:30
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Bitcoin has transformed cross-border transactions, IMF study notes
Bitcoin's has been transforming traditional economic paradigms, and this transformation has opened it to both interest and scrutiny. The post Bitcoin has transformed cross-border transactions, IMF study notes appeared first on Crypto Briefing. дальше »
2024-4-19 22:51
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IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation
The IMF believes that central bank digital currencies (CBDCs) have the potential to eventually supplant cash in the monetary system of the world, according to the watchdog’s managing director Kristalina Georgieva. дальше »
2023-11-16 21:30
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CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies. дальше »
2023-11-16 19:20
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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… дальше »
2023-11-15 15:32
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Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said. дальше »
2023-11-15 13:43
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G20 adopts IMF-FSB Synthesis Paper on crypto regulation
The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis Paper of the International Monetary Fund and the Financial Stability Board. дальше »
2023-10-14 11:51
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IMF Identifies Crypto As An ‘Obstacle’ To Tax Collection Systems – Here’s Why
The IMF, or International Monetary Fund, renowned for its extensive research and analysis in the realm of global finance, has recently released a working paper that sheds light on the intricate challenges associated with tax collection in the realm of cryptocurrencies. дальше »
2023-7-6 10:32
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Banning Crypto Assets May Not Be Effective in The Long Run, Says IMF
The International Monetary Fund (IMF) appears to be adopting a more measured approach towards cryptocurrencies as the digital assets landscape evolves. дальше »2023-6-24 00:07
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IMF Acknowledges Ineffectiveness of Banning Cryptocurrencies, Encourages CBDC Adoption
The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus should be on meeting digital payment needs and improving transparency in the use of these digital assets. дальше »
2023-6-23 13:00
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IMF’s Foray into CBDC: Global Digital Currency Platform In The Works
Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions. Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […] дальше »
2023-6-21 21:00
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The IMF’s Role In Shaping The Future Of Cryptocurrencies: A Global Infrastructure For CBDCs
The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. дальше »
2023-6-20 10:50
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IMF aims to unify CBDCs with global platform
International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated to facilitating transactions between countries via central bank digital currencies дальше »
2023-6-20 23:47
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IMF envisions ‘new class’ of cross-border payment platform with single ledger
The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs.
дальше »2023-6-20 20:30
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India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets. дальше »
2023-5-30 15:02
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IMF optimism in Central African Republic, despite Bitcoin adoption
The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks.
дальше »2023-5-25 12:40
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Pakistani finance minister says crypto will never be legal because of FATF
Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces.
дальше »2023-5-18 23:00
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Malaysia enlists China to help end USD dependence for trade
More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony.
дальше »2023-4-5 08:00
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Impact of the Silvergate collapse on crypto — Watch The Market Report live
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the impact of the Silvergate collapse on crypto. дальше »
2023-3-8 20:00
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IMF leans towards crypto regulation over just outlawing it
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), stated that the monetary body prefers regulating crypto assets over a complete prohibition at the recent G20 finance ministers’ meeting in Bengaluru, India. дальше »
2023-2-27 15:49
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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. дальше »
2023-1-3 19:03
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5 Economic Predictions for 2023
Coinspeaker 5 Economic Predictions for 2023 Following periods of badly managed economic policies, including external factors such as Russia’s invasion of Ukraine, the price of crucial commodities has skyrocketed in Europe. 5 Economic Predictions for 2023 дальше »
2022-12-31 15:37
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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… дальше »
2022-11-23 02:15
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Hackers Attack MangoMarkets, TempleDAO, And QAN DeFi Platform
2022 is a rough year for the DeFi ecosystem as hackers continue exploiting the community. From the beginning of the year till now, news of DeFi protocol exploits keeps flooding the crypto industry. So the question is: why do hackers keep targeting decentralized finance protocols? Today’s report reveals that three DeFi protocols have suffered hack […] дальше »
2022-10-13 05:02
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Will Bitcoin Plunge If A Recession Hits? IMF Issues Warning
The crypto market has been showing signs of decline recently as prices of Bitcoin and other crypto assets keep dropping. With the hikes in interest rates from most of the global central banks, the global economy is getting tighter. дальше »
2022-10-13 04:29
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BIS Announces Successful Completion Of CBDC For Cross-border Transactions
The world is gradually heading towards a cashless society such as CBDC making cash payments obsolete. When this happens, fiat currencies might no more be in use. So central banks are aggressively launching Central Bank Digital Currencies for easy virtual transactions. дальше »
2022-9-28 21:08
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Law Decoded, Sept. 5–12: The pressure is growing in the US
Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto. дальше »
2022-9-13 23:15
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Stablecoins Backed by “Risky Assets,” IMF Exec Warns
Tobias Adrian, Director of Monetary and Capital Markets for the International Money Fund, has warned that some stablecoins could fail if they are backed by “risky assets.” IMF Exec Warns... дальше »
2022-7-28 23:16
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IMF Suggests CBDCs To Include Compliance And User-Friendly Payment Features
International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy consumption based on the consensus mechanisms of different cryptocurrencies in the ecosystem. дальше »
2022-6-10 15:00
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CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology. дальше »
2022-6-6 09:29
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CBDCs can “kill” private crypto: India's RBI deputy governor to IMF
“One of the reasons it is so successful is because it's simple,” he added while comparing the Unified Payments Interface's (UPI) growth with blockchain technology. дальше »
2022-6-4 09:29
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Web3 is crucial for data sovereignty in the metaverse
For the first time, the decentralized nature of Web3 will allow users to participate in digital economies without having to give up control over their data. дальше »
2022-6-4 08:17
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Smart contracts can redesign legal agreements, but businesses beware
Smart contracts provide plenty of benefits, but find out why those benefits can be just one side of a double-edged sword.
дальше »2022-6-4 05:11
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Amid IMF Pressure, Argentina Bans Crypto Sales Through Banks
The Central Bank of the Argentine Republic (BCRA) has banned financial institutions from offering unregulated digital assets services. The move comes roughly a month after the International Monetary Fund approved... дальше »
2022-5-6 15:10
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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. дальше »
2022-4-21 22:30
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Bitcoin Price Rises As El Salvador Rejects IMF Call To Ditch BTC
Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dollars into the crypto market. дальше »
2022-2-2 03:06
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IMF Urges El Salvador To Ditch Bitcoin
IMF directors said they see ‘risks’ in using bitcoin as currency and issuing bitcoin-backed loans. дальше »
2022-1-26 00:08
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Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17
Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here. дальше »
2022-1-18 01:17
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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. дальше »
2021-12-13 21:30
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Cardano’s Charles Hoskinson Blasts The IMF For Anti-Crypto Comments
Key takeaways The IMF warns that emerging economies are likely to face financial stability risks by adopting cryptocurrencies and stablecoins. Charles Hoskinson, founder of Cardano, replies that cryptocurrencies were rather the solution to hyperinflation. дальше »
2021-10-14 17:14
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Cryptoization: IMF Lays Guidelines For Dealing With Crypto Adoption In Developing Economies
The International Monetary Fund (IMF), last week highlighted snippets from its semi-annual Global Financial Stability Report calling on central banks to take appropriate steps to regulate the wave of ‘cryptoization’ sweeping through most emerging economies. дальше »
2021-10-5 13:43
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IMF Issues New Warning Against Using Crypto Assets As National Currency
As Bitcoin gains momentum around the world, financial regulators step up their game to try and save the crumbling financial system. дальше »
2021-8-5 23:41
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El Salvador's Bitcoin adoption may jeopardize IMF negotiations: JPMorgan
JP Morgan says that El Salvador's decision to adopt Bitcoin as legal tender is of little economic benefit.
дальше »2021-6-12 18:30
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El Salvador’s Bitcoin Adoption Draws Comments from IMF
The International Monetary Fund has become the first major financial gatekeeper to reference the recent move by El Salvador to legalize Bitcoin. Several figures in the legacy financial space continue to espouse anti-crypto sentiments even as the market becomes more popular. дальше »
2021-6-11 09:00
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CBDCs Are Not Real Money, Says IMF Survey Respondents
An online survey conducted by the International Monetary Fund (IMF), has revealed that a good number of people across the globe do not see central bank digital currencies (CBDCs) as a real alternative to national fiat currencies. дальше »
2021-1-19 00:00
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Dow Recoils as IMF Warns Recession Could Eclipse 2008 Crash
The Dow Jones fell on Friday as the IMF warned that the economy faces a recession as bad as 2008-2009, if not worse. The post Dow Recoils as IMF Warns Recession Could Eclipse 2008 Crash appeared first on CCN.com дальше »
2020-3-28 22:46
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IMF Advises Eastern Caribbean States to Trial Digital Currency
IMF suggested that a digital currency underpinned by blockchain would boost the resources and capacity of the Eastern Caribbean Currency Union (ECCU), a region that comprises St Kitts and Nevis, St Lucia, Anguilla, Antigua, and Barbuda, Dominica, Grenada, and St Vincent and Grenadines. дальше »
2020-2-7 19:00
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Though 'Intriguing,' Crypto Won't Dethrone Dollar, Says IMF Economist
The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
дальше »2020-1-7 22:29
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The Financial System of the Future — Who Benefits From CBDCs?
Following a “successful” introduction of a digital currency, other existing payment instruments may disappear if their use falls below a critical threshold
дальше »2020-1-2 19:45
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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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