IMF Financial News

28.07 / 06:15

Stablecoin regulation Investments IMF Terra Usd Backed Pain ahead for algorithmic and non-cash backed stablecoins: IMF director

The International Monetary Fund (IMF)'s director of capital markets believes there could be further failures of "coin offerings," including algorithmic stablecoins amid the ongoing crypto winter.

26.07 / 17:23

markets inflation IMF Bitcoin Warning IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast

Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States' anti-inflation policy.

16.07 / 19:41

G20 Climate change IMF Weekend Ukraine war: Five key developments to know about from the conflict this weekend

The White House says Russian officials have visited an airfield in central Iran at least twice in recent weeks to view weapons-capable drones it is looking to acquire for use in its ongoing war in Ukraine.

08.07 / 13:21

CBDC regulation IMF Framework International US Treasury Develops Framework For Path Towards International Crypto Regulations

While the US authorities are intensifying work on developing crypto regulations, the country’s Department of Treasury has presented to President Joe Biden a framework to facilitate international cooperation on introducing such regulations and standards at the international level.

20.04 / 11:23

IMF Bitcoin Deal Bukele IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics

The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use to pay for his Bitcoin City project.

19.04 / 18:21

Stablecoin defi regulation IMF recommendations IMF’s DeFi Governance Recommendations Include These Two Steps

The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector.

07.03 / 13:27

cryptocurrency IMF Bitcoin Bitcoin gains hospital This country has opened a pet hospital fully funded by Bitcoin gains

El Salvador recently opened a pet hospital that was built using gains Bitcoin operations. The central American nation became the first in the world to authorise the cryptocurrency as legal tender in September 2021.

15.02 / 20:20

business DAO IMF Marshall Islands officially recognizes DAOs as legal entities

The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage.

02.02 / 12:29

Bitcoin news IMF Bitcoin El Salvador changes tech provider for 'Chivo' wallet

El Salvador has gone ahead and changed the frontend and backend technology provider for its 'Chivo' wallet even as International Monetary Fund (IMF) recommended that the South American nation should drop the use of bitcoin as its sovereign currency. The change has been made in an apparent bid to fix a series of problems that have plagued its state-run bitcoin wallet. The government of El Salvador earlier this week rejected IMF's recommendation. El Salvador's Treasury Minister Alejandro Zelaya said, «No international organization is going to make us do anything, anything at all. Bitcoin is an issue of 'sovereignty' and sovereign countries take sovereign decisions about public policy.»

27.01 / 01:23

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”

26.01 / 13:11

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

26.01 / 09:25

cryptocurrency Digital IMF Bitcoin IMF Urges El Salvador To Remove Bitcoin As Legal Tender

IMF has urged El Salvador to remove Bitcoin as legal tender

17.12 / 12:29

IMF International Monetary Fund Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist

International Monetary Fund (IMF) Chief Economist Gita Gopinath has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges. Gopinath also suggested a global policy and co-ordinated action for regulating cryptocurrencies.

17.12 / 08:59

cryptocurrency cryptos IMF Hard assets or crypto assets: Here's how you should allocate your money

hard assets isn’t a new fad, but it is definitely gaining more attention from around the world as global economies look at digital tokens more seriously. Many blockchain enthusiasts claim cryptocurrencies are the future, whereas their adversaries argue that the Generation Z asset class has miles to travel for it to prove its mettle.

16.12 / 12:38

regulation IMF Hard to Regulate Crypto Without Global Consensus, Admits Top IMF Official

A key figure at the International Monetary Fund (IMF) has conceded that regulating crypto will need nothing short of a concerted global effort – and a worldwide agreement on crypto that most would argue seems far from achieving any time soon.

16.12 / 08:04

cryptocurrency IMF International Monetary Fund NOT IMF's Gita Gopinath suggests regulation, and not ban, for cryptocurrency, seeks global policy

Emerging economies should regulate cryptocurrency, instead of banning it, International Monetary Fund chief economist Gita Gopinath said on December 15, and called for a global policy.

10.12 / 16:03

Blockchain cryptocurrency regulation IMF National NOT Crypto Regulation Should Be Global, Not National - IMF Directors

The rapid growth of crypto assets, associated products and services, and the interlinkages with the regulated financial system are intensifying the need for global crypto regulation that should be comprehensive, consistent and coordinated by the world’s regulators, according to a recent paper released by the International Monetary Fund (IMF).

24.11 / 08:47

cryptocurrency IMF Bitcoin NOT IMF recommends El Salvador not use Bitcoin as legal tender

IMF) on Monday said El Salvador should not use bitcoin as legal tender, considering risks related to the cryptocurrency. «Given bitcoin's high price volatility, its use as a legal tender entails significant risks to consumer protection, financial integrity, and financial stability,» the IMF said in its staff concluding statement of the 2021 Article IV mission to El Salvador.

23.11 / 10:47

Adoption IMF El Salvador's dollar debt dives on Bitcoin bond plans

El Salvador’s dollar-denominated bonds have fallen to an all-time low as the Central American nation’s debt started trading in "distressed territory" this week.

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