While CBDCs might be the best option for those nations with existent currencies and mature banks, private stablecoins might help less advanced economies.
IMF News
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The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
6471The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
7034The landlocked country of Andorra sought technical assistance from the International Monetary Fund on various topics, including effectively monitoring crypto assets.
2228A quarter of CEOs in a PwC survey said they anticipate laying off staff this year due to AI, though firms may also be offsetting the cuts with hiring in other areas.
9108From Thailand to the Eastern Caribbean, the CBDC experience has been one of government waste. So why do financial authorities keep pushing them?
3063The election of new Argentine President Javier Milei has given many in the local Bitcoin community cause for hope.
1711International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies.
5780IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
3092The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis Paper of the International Monetary Fund and the Financial Stability Board.
3713The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“
16368The matrix aims to identify potential risks associated with the crypto space and policy responses for regulators.
2511The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi) and was requested by the Indian presidency of the G20.
6594The country emphasizes the necessity of dealing with the risks of digital assets in developing economies.
18613Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks.
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