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Central Bank CBDC’s Could Enhance Cross Border Payments: BIS, IMF, World Bank at G20
While Central banks seem to be focusing more on the domestic use of cross-border networks of central bank digital currencies (CBDC), the Bank of International Settlements (BIS) believes CBDCs should be used beyond borders. дальше »
2021-7-9 20:16 | |
IMF, World Bank and BIS champion central bank digital currencies at G20
A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development. дальше »
2021-7-10 14:23 | |
Monetary Authority of Singapore Partners With World Bank and IMF to Launch Global CBDC Challenge
The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development. дальше »
2021-6-29 21:40 | |
MAS, IMF and World Bank launch global retail CBDC challenge
The competition is designed to find innovative retail CBDC solutions that increase efficiencies and… The post MAS, IMF and World Bank launch global retail CBDC challenge appeared first on Coin Journal. дальше »
2021-6-29 14:06 | |
Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism
President Bukele said nothing can stop Bitcoin from seeing widespread adoption in El Salvador, and he sees no scenario in which it can be stopped. The post Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism appeared first on CryptoSlate. дальше »
2021-6-25 04:00 | |
El Salvador’s Legal Bitcoin Tender Could Have Grave Repercussions, IMF Warns
The International Monetary Fund (IMF) has responded with criticism to El Salvador’s decision to adopt bitcoin as a legal tender, saying that the move will likely lead to unforeseen economic risks and regulatory complications. дальше »
2021-6-11 18:47 | |
IMF Calls for ‘Careful Analysis’ of Bitcoin as Legal Tender; BIS Head says It’s an ‘Interesting Experiment’
The International Monetary Fund (IMF) has voiced its displeasure on El Salvador’s move to become the first country in the world to adopt Bitcoin as legal tender. The law puts Bitcoin on equal footing with the US dollar in the country, which adopted the dollar as its official currency 20 years ago. дальше »
2021-6-11 17:25 | |
Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?
El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move. дальше »
2021-6-11 15:00 | |
IMF stands in the way of El Salvadorian Bitcoin (BTC) adoption
The International Monetary Fund has faulted El Salvador’s decision to accept Bitcoin (BTC/USD) as a legal tender, explaining that there could be legal implications on the country’s decision. дальше »
2021-6-11 12:27 | |
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 | |
IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption
The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. дальше »
2021-6-11 07:00 | |
IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with them,” an IMF spokesperson cautioned. дальше »
2021-6-11 03:30 | |
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. дальше »
2021-6-11 00:00 | |
IMF Concerned About El Salavador’s Bitcoin Law Due To “Legal And Economic Issues”
Less than a week since El Salvador’s “Ley Bitcoin” has been approved by its national congress and the international financial organism is reacting. The International Monetary Fund (IMF) has expressed “economic and legal” concerns over the nation’s new pro-BTC legislation. дальше »
2021-6-11 22:09 | |
El Salvador’s relationship with the IMF turns complicated after new Bitcoin bill
The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after it passed a Bitcoin bill today. дальше »
2021-6-9 12:29 | |
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »
2021-4-23 13:30 | |
CBDCs do not threaten Bitcoin — their success might depend on it
A little less than two years ago, the International Monetary Fund (IMF) published a research paper on the rise of digital money. The post CBDCs do not threaten Bitcoin — their success might depend on it appeared first on CryptoSlate. дальше »
2021-3-24 11:00 | |
Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go Mainstream
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says that central banks won’t allow bitcoin and other cryptocurrencies to become mainstream. дальше »
2021-2-28 02:30 | |
IMF Asks Everyone to Just Get Along Regarding Crypto
The IMF blog post tackles one of the looming questions of the digital currency age: how Central Bank Digital Currencies (CBDCs) and privately-issued crypto can co-exist. Co-written by Financial Counsellor Tobias Adrian and Deputy Division Chief for Monetary and Capital Markets Tommaso Mancini-Griffoli, the post follows others on CBDCs and stablecoins. дальше »
2021-2-21 15:27 | |
IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies
The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that cryptocurrencies were being used “for illegal transactions such as money laundering and drug trafficking.” […] дальше »
2021-2-20 03:00 | |
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. дальше »
2021-2-18 15:33 | |
Harvard Economics Professor: Governments Will Not Allow Bitcoin on a Big Scale and They Will Win
Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. дальше »
2021-1-25 00:15 | |
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 | |
Участники опроса МВФ раскритиковали CBDC
Большинство участников опроса Международного валютного фонда (МВФ) отказались считать деньгами цифровые валюты центробанков. Are central bank digital currencies really money? #poll — IMF (@IMFNews) January 17, 2021 На момент написания в исследовании приняло участие 35 126 пользователей Twitter. дальше »
2021-1-19 18:08 | |
IMF Tells Governments: Spend as Much as You Can and Then Spend More
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. дальше »
2021-1-19 23:30 | |
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed to issue digital currencies.” IMF Explores if […] дальше »
2021-1-17 03:20 | |
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. дальше »
2021-1-15 18:30 | |
Bitcoin News Roundup for Dec. 18, 2020
With Deribit providing options for betting on a bitcoin rally and the IMF's predictions for digital currencies, CoinDesk’s Market’s Daily is back with another crypto news roundup. дальше »
2020-12-19 20:00 | |
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition of reserves. дальше »
2020-12-18 03:00 | |
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 | |
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). дальше »
2020-11-7 02:00 | |
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their businesses and search for new jobs respectively. дальше »
2020-11-5 21:30 | |
Covid-19 Hit Sub-Sahara Africa Gets $16 Billion From IMF, Region Still Faces $290B Financing Gap
The International Monetary Fund (IMF) says its release of $16 billion towards sub-Sahara Africa will help to cover the needs of countries badly hit by the global pandemic, Covid-19. The financial institution says despite its swift action, the region still faces a financing gap of $290 billion between now and the year 2023. дальше »
2020-10-29 08:15 | |
A Look at the Fascist Agenda Behind the ‘Great Reset’ and the WEF’s Reboot Propaganda
Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment. ” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World Economic Forum (WEF) and other mainstream entities have been promoting the financial reboot propaganda. дальше »
2020-10-27 22:00 | |
Video: The Fed Considers CBDCs And Bretton Woods 2.0
The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The post Video: The Fed Considers CBDCs And Bretton Woods 2.0 appeared first on Bitcoin Magazine. дальше »
2020-10-22 19:32 | |
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. дальше »
2020-10-20 00:00 | |
A New ‘Bretton Woods’ Moment?
The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean? дальше »
2020-10-20 22:00 | |
Fed Chairman Powell on CBDC: “It’s Better To Get It Right Than Be First”
U. S. Federal Reserve Chairman Jerome Powell spoke Monday as part of a panel on cross-border payments and digital currencies at an International Monetary Fund (IMF) virtual seminar. The seminar focused on the benefits and risks of digital currencies as well as their policy implications. дальше »
2020-10-19 16:54 | |
Federal Reserve Chairman Jerome Powell to Speak About Digital Currencies Today
As part of a panel on “Cross-Border Payments—A Vision for the Future,” at the International Monetary Fund’s (IMF) annual meeting, Federal Reserve Chairman Jerome Powell will speak about digital currencies Monday. дальше »
2020-10-19 15:19 | |
IMF wants a new Bretton Woods moment that might include Bitcoin
Bitcoin (BTC) investors recently got a major boost after the International Monetary Fund (IMF) said that a new Bretton Woods moment is needed. A lot of the details are still vague, at best, but many believe that this might be a historical moment that Bitcoin has been waiting for since the day of its creation. дальше »
2020-10-19 11:21 | |
The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment. дальше »
2020-10-19 05:00 | |