Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist

2020-1-7 16:00

Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.

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imf digital currencies criteria alternative gita gopinath

imf digital → Результатов: 72


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 […]

2018-12-9 13:08


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 […]

2018-11-14 10:25


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Ripple CEO Brad Garlinghouse Speaks About Blockchain Use in ASEAN at Singapore Fintech Festival

Ripple CEO Brad Garlinghouse talked about the opportunities for digital assets and blockchain technology in the ASEAN region. Speaking with IMF’s Deputy General Counsel Ross Leckow, Garlinghouse noted on Monday that the unique regulatory frameworks of the region could help in the creation of game-changing technology that will change the future of global payments.

2018-11-13 18:29


Ripple’s Brad Garlinghouse: Regulatory Clarity Drives Crypto and Blockchain Adoption

Ripple’s CEO, Brad Garlinghouse, recently sat down for a chat with IMF’s Deputy General Counsel Ross Leckow. The conversation took place at Monday’s Singapore Fintech Festival. In the dialogue, the two exchanged ideas on the opportunities that blockchain technology and digital assets provide for the financial institutions in the ASEAN (Association of Southeast Asian Nations) region.

2018-11-13 11:31


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Blockchain and Digital Asset Use in ASEAN: CEO Brad Garlinghouse in Convo with IMF’s Ross Leckow at Singapore Fintech Festival

CEO Brad Garlinghouse sat down with IMF’s Deputy General Counsel Ross Leckow for a fireside chat on Monday afternoon at the Singapore Fintech Festival. They engaged in a far-reaching dialogue on the opportunities blockchain and digital asset technology presents for financial institutions in ASEAN, given the the region’s unique regulatory frameworks.

2018-11-13 04:04


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Marshall Islands President Faces Vote-of-no-confidence After Pushing Ahead With Plans to Issue a National Cryptocurrency

Hilda Heine, the president of the Republic of Marshall Islands (RMI), is fighting for her political career after she allegedly defied the International Monetary Fund’s (IMF) advice and went ahead with the introduction of a new digital currency that the IMF considers to be a threat to the country’s financial stability.

2018-11-7 15:59


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.

2018-10-4 13:00