2023-10-16 23:34 |
The IMF Annual Meetings, which concluded on Oct. 15, put forward a roadmap to address "risks related to crypto currencies."
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Global regulators, including the IMF, are working to reduce risks that cryptocurrencies may pose to economic and financial stability
2023-9-7 23:30 | |
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The International Monetary Fund and the Financial Stability Board offer high-level guidelines on how to preserve macro and financial stability as cryptocurrencies gain popularity. The post IMF Releases New Paper to Address Crypto’s Risks to Financial Stability appeared first on BeInCrypto.
2023-9-8 19:00 | |
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IMF and FSB's joint paper aims to introduce global norms for the crypto sector. It calls for comprehensive and standard policies to be formulated to address risks posed by crypto. A blanketThe post Crypto needs frameworks, not blanket bans: IMF, FSB appeared first on AMBCrypto.
2023-9-7 17:00 | |
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In a blog post published on Thursday, the IMF underlined that a few nations in the LAC region have decided to outright prohibit cryptocurrencies due to their associated risks. However, the IMF cautions that a ban could not be a viable long-term option.
2023-6-23 11:22 | |
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The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks.
2023-5-25 12:40 | |
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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 | |
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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 | |
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With the economic mood darkening, the Fund sees inflation and a recession as major risks – but not crypto market turbulence
2022-7-27 16:00 | |
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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 | |
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Despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund has noted that making Bitcoin legal tender is dangerous and “presented a series of challenges for the country and the region.”
2022-5-8 15:59 | |
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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 | |
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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 | |
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Days after the International Monetary Fund (IMF) urged El Salvador to ditch bitcoin as legal tender, a top official from the organization has voiced concerns over risks involved with cryptocurrencies especially in emerging markets.
2022-2-1 13:04 | |
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According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection.
2022-1-26 00:55 | |
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IMF directors said they see ‘risks’ in using bitcoin as currency and issuing bitcoin-backed loans.
2022-1-26 00:08 | |
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The International Monetary Fund (IMF) noted that the increased adoption of cryptocurrencies among retail and institutional investors meant that crypto was no longer considered as a fringe asset class, thereby raising concerns about their risks to financial stability.
2022-1-13 22:00 | |
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The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. The post IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach appeared first on CryptoSlate.
2022-1-12 19:00 | |
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The International Monetary Fund thinks Bitcoin and cryptocurrencies have come to the fore of financial markets. Despite being an integral part of the revolution, the fund highlights key risks that the asset class poses to the economy.
2022-1-12 16:44 | |
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The growing correlation between crypto and equities poses systemic risks, according to the IMF
2022-1-11 22:01 | |
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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.
2021-10-14 17:14 | |
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A senior White House official says the administration ensures a “smart and effective regulatory system” for crypto. Meanwhile, for the IMF, because DeFi is one of the main drivers of the rapid growth of stablecoins, it “warrants close attention.
2021-10-13 16:40 | |
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The International Monetary Fund (IMF) spoke of several impacts that the crypto market could have on the world’s economy in a global financial stability report. The post IMF on Crypto Risks: Lack of Regulation Could Threaten Financial Stability appeared first on BeInCrypto.
2021-10-13 11:55 | |
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The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility.
2021-10-13 20:15 | |
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The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […]
2021-10-6 17:45 | |
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The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
2021-10-4 08:34 | |
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IMF Concerned Over Bitcoin, Ethereum, Cardano, Solana Sky High Prices, Warns Crypto Poses New Challenges To Financial Stability The IMF has warned of risks posed to world economies by the growing adoption of cryptocurrencies.
2021-10-3 19:11 | |
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The International Monetary Fund believes that the rapid rise of digital assets could undermine global financial stability
2021-10-1 19:00 | |
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The International Monetary Fund (IMF) took to Twitter to argue against adopting Bitcoin as a legal tender over the weekend. The Twitter post from IMF reads, “Privately issued cryptoassets like Bitcoin come with substantial risks.
2021-8-30 17:10 | |
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A recent Reuters report has also detailed that the International Monetary Fund (IMF) is… The post IMF sees great potential in digital money if risks are managed appeared first on Coin Journal.
2021-7-30 14:14 | |
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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.
2021-6-11 18:47 | |
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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.
2021-6-11 07:00 | |
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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.
2021-6-11 03:30 | |
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Thanks to COVID measures, the local economy may not recover until 2022.
2021-3-25 19:27 | |
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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.
2020-10-19 16:54 | |
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Financial Action Task Force’s FATF week will see the representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank, and other organizations discuss matters concerning the stablecoins and virtual assets and the risks associated with it.
2019-10-12 20:30 | |
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As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves.
2019-9-28 18:30 | |
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The International Monetary Fund has always shown some crypto-curiosity. In a recent document, the IMF commented on the use cases and utility of stablecoins, or assets with a pegged value. IMF Bigs Up Stablecoins In a recent IMF staff paper, part of the Fintech Notes series, the organization outlines the promises and risks of those assets, as a new arrival on the fintech scene.
2019-9-24 20:00 | |
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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 | |
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The IMF outlines potential risks and benefits related to the adoption of new digital payment methods, including stablecoins
2019-9-20 23:02 | |
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Malta’s Registry of Companies will be recorded on a blockchain-based system. The International Monetary Fund (IMF) suggests that blockchain tech creates unnecessary risks in money laundering and terrorism financing.
2019-5-9 02:44 | |
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Since Tuesday’s opening bell, the Dow Jones Industrial Average has dropped by 180. 18 points or 0. 68 percent to 26,160. 84. The index is now down more than 300 points since last Friday. Judging by the IMF’s latest economic forecast, the bleeding might just be getting started.
2019-4-10 21:29 | |
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Following an IMF report that the growth of blockchain in Malta poses major risks, the MFSA has issued a consultation on cybersecurity guidelines for blockchain industry
2019-2-9 21:43 | |
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It does not look like the International Monetary Fund (IMF) likes the Blockchain Island very much. Recently, the IMF has judged that the fast growth of the blockchain technology in the country of Malta can be deemed dangerous for terrorism financing and money laundering.
2019-1-24 21:58 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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The International Monetary Fund (IMF) and the World Bank have weighed in on sovereign considerations and global implications of blockchain and other financial services technologies.
2018-10-15 19:01 | |
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The International Monetary Fund published a report on the current state, forecasts, and risks of the global financial system. One of the risks is new cryptocurrency assets.
2018-10-10 12:44 | |
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Virtual coin market volatility is one of the several financial challenges in the IMF World Economic Outlook for October 2018.
2018-10-9 19:30 | |
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A recent report from the IMF warns the small island nation that its planned national digital currency poses more risks than it offers benefits. Marshallese authorities seem to disagree.
2018-9-12 00:12 | |
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The crypto market has been on a roll recently as it rallied with Bitcoin and Ethereum leading the charge. As a result of this, total market capitalization rose by 14% since the start of the year. With stocks being highly correlated with digital currencies, a worsening macroeconomic situation would be devastating for the broader financial […]
Morocco is building out a regulatory framework for crypto with the help of established industry players. The post Morocco to Begin Talks With IMF, World Bank on Regulating Crypto appeared first on BeInCrypto.
Everything surrounding the ACES act is almost comedic. U. S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.