2023-12-17 21:28 |
IMF's Chief sets a clear direction for future crypto regulation, emphasizing a balanced approach that nurtures innovation and protect users. origin »
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On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban.
2023-2-27 07:36 | |
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The International Monetary Fund (IMF) has called on financial regulators around the world to come together to develop a “global regulatory framework” for crypto assets.
2022-9-21 01:41 | |
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The International Monetary Fund (IMF) said the recent crypto market crash posed no threat to the wider financial stability of the world economy. The post Crypto crash did not adversely affect broader financial system, IMF says appeared first on CryptoSlate.
2022-7-27 23:00 | |
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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.
2021-2-21 15:27 | |
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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.” […]
2021-2-20 03:00 | |
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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.
2020-12-19 20:00 | |
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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.
2020-10-20 00:00 | |
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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 | |
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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 | |
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The International Monetary Fund (IMF) has released an explainer video about cryptocurrencies. Though it was first published in 2018, the organization has reshared it on its Twitter account, engaging a larger community than the first time.
2020-8-24 12:41 | |
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According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’
2020-8-24 05:49 | |
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Former IMF Chief Economist, Kenneth Rogoff states central banks should consider negative interest rates. His words, in effect, greenlight crypto assets, which stand to benefit should the Federal Reserve decide to go this route.
2020-5-7 16:04 | |
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The risk to the industry when crypto companies have to spend millions on compliance, plus new BTC mining in TX and the IMF on digital currencies.
2020-1-8 23:00 | |
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The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
2020-1-7 22:29 | |
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International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […]
2020-1-7 18:49 | |
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In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar.
2020-1-7 17:00 | |
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In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar.
2020-1-7 17:00 | |
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The International Monetary Fund (IMF) is providing the Philippines with technical assistance regarding crypto assets. The IMF believes the country may become an important crypto market and has provided the Bangko Sentral ng Pilipinas with suggestions for the country’s crypto regulation, including quarterly data collection from approved crypto exchanges.
2020-1-4 14:06 | |
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The IMF has urged the Philippines’ central bank to begin collecting data on cross-border flows of crypto assets for its macroeconomic analysis
2020-1-3 13:51 | |
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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.
2019-11-30 21:34 | |
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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 | |
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Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies.
2019-10-22 13:30 | |
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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 | |
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The IMF has recently found that mobile money accounts are growing in Asia, fast catching up to Africa where it all began. Mobile money – the ability for anyone with a mobile phone to transfer money to somebody else using a phone and a network of kiosks that far exceeded bank branch and ATM reach […] The post Support Mobile Banking, Discredit Crypto: How The IMF Treats The Unbanked appeared first on Crypto Briefing.
2019-10-15 18:30 | |
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The IMF has finally noticed the important benefits of crypto. True, so far only in stablecoins. An IMF blog post notes the benefits of stablecoins such as low costs, global reach and speed as huge potential benefits of stablecoins.
2019-9-25 17:35 | |
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Brazil’s central bank will classify crypto as nonfinancial products, following IMF guidelines: What does that mean?
2019-9-23 15:38 | |
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Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations.
2019-9-10 03:30 | |
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The chief of the International Monetary Fund (IMF), Christine Lagarde, has recently affirmed that central banks should find the balance between protecting the customers and being open to innovation. She specifically cited cryptocurrencies as some of the innovations that the regulators should be more open to. According to her, the banks have to be more […]
2019-9-4 21:50 | |
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Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde
2019-9-5 16:24 | |
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The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet.
2019-8-27 23:52 | |
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The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
2019-8-27 23:34 | |
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In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks.
2019-6-30 21:00 | |
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Christine Lagarde the Managing Director of the International Monetary Fund (IMF) said a few hours ago that the presence of technology giants using Big Data and AI could eventually disrupt the financial system.
2019-6-9 18:16 | |
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Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation.
2019-4-29 12:22 | |
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It seems that it is a good time to be a crypto enthusiast. The International Monetary Fund (IMF) has recently decided to “declare war” on cash after it has proposed negative interest rates. If you want to preserve your wealth, it seems like it is the time to invest in cryptos. According to Weiss Ratings, […]
2019-4-25 01:58 | |
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In a February blog post, economists from the IMF proposed a policy that taxes bank deposits instead of allowing them to accumulate interest. The crypto community reacted accordingly, seeing this as a possible incentive for people to move away from central banks and instead put their money into bitcoin.
2019-4-24 20:30 | |
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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 | |
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The IMF is declaring way on cash after detrimental interest rate proposals were moved. The negative interest rates would spur people to spend rather than save. This is now the best time to hodl your crypto reserve.
2019-4-24 17:30 | |
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Shaken financial incumbents launch crypto “Learning Coin” to help IMF and World Bank get their heads around blockchain DLT.
2019-4-18 05:00 | |
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On April 17th, Asia Times reported on this week’s World Bank and International Monetary Fund (IMF) Spring Meetings. The meetings were held in Washington, DC, where it was revealed that Afghanistan, Tunisia, and Uzbekistan are all considering the introduction of a Bitcoin bond.
2019-4-17 23:27 | |
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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 | |
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The International Monetary Fund and the World Bank have developed a digital token called the Learning Coin to encourage their employees to learn about blockchain technology. Along with the new crypto token, the two companies have also developed an app where employees can go to share blockchain-related content.
2019-4-16 17:32 | |
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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 | |
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The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech.
2019-4-15 12:00 | |
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Coinspeaker IMF and World Bank Rolled Out Quasi ‘Learning Coin’IMF joins the World Bank to launch their own quasi-cryptocurrency. Despite Learning Coin does not hold any monetary value, it's expected to facilitate a better understanding of the technologies underlying crypto assets.
2019-4-15 11:48 | |
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Private blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.
2019-4-14 00:00 | |
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IMF ran a Twitter poll yesterday, in which cryptocurrency got the most votes as the preferred method of payment in 5 years from now.
2019-4-12 19:08 | |
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The International Monetary Fund's managing director says digital currency is "shaking the system" and must be strictly regulated and held accountable or the banking sector could become unstable.
2019-4-13 17:51 | |
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Cryptocurrencies are “clearly shaking the system” according the Managing Director of the International Monetary Fund. Christine Legarde states that the emerging crypto space must be monitored and regulated to limit the disruption caused to global stability.
2019-4-12 02:00 | |
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Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.
Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.
Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.
By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.
Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.
Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.
Last year marked the second-worst annual performance since Strategy adopted its bitcoin treasury strategy.