The head of the IMF suggests looking into central bank issued digital currencies, while a Swiss stablecoin gets Sharia certified.
IMF News
The IMF or the International Monetary Fund is a specialized agency of the United Nations that is headquartered in Washington, D.C. The IMF is a large international organization which includes over 189 countries and 2500 of employees. The IMF’s meaning for countries is activity during short-term macroeconomic crisis, as it provides credit not only to underdeveloped countries, but all countries that are members of the IMF. In terms of cryptocurrency, the IMF has issued a report considering the benefits and drawback of using Bitcoin and other altcoins. The organization recommends creating a regulatory framework that will secure common users and will not prevent the innovative technology’s development. Besides that, in 2017 the IMF was considering the issue of making its own cryptocurrency as new currency for reserve.
- Hodler’s Digest
- News
IMF head Christine Lagarde says relevant actors “should consider the possibility to issue digital currency.”
- News
The International Monetary Fund’s Deputy General Counsel made known about its plans to experiment with blockchain during a conference speech this week.
- News
by Helen Partz
The IMF has warned the Marshall Islands about the risks of adopting a digital currency as a second legal tender, urging it to “seriously reconsider.”
- News
The International Monetary Fund has confirmed it sees “no risks” from crypto assets in regard to global financial stability.
- News
Bank of Japan deputy governor said during a recent speech that central bank-issued digital currencies could disrupt the current banking system, not for the bett...
- News
IMF head Christine Lagarde has dedicated a new blog post to the “potential benefits” of “crypto-assets such as Bitcoin.”
- Expert Take
What impact will the enhanced scrutiny of regulators have on cryptocurrency prices and the future shape of the market
- In depth
Historic examples, economic outcome and many more.
- News
IMF Chief Christine Lagarde further states the need for crypto market regulation to protect customers and prevent money laundering in an IMF blog post.
- News
IMF chief Christine Lagarde told CNN Money that regulation of crypto internationally is “inevitable” and should be focused on activities as opposed to entities.
- Analysis
Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.
- Adoption
"I think that we are about to see massive disruptions," Lagarde at the IMF Annual Meeting in Washington D.C.
- Expert Take
Is Bitcoin experiencing massive adoption right now or there’s still a long way to go?
- Regulations
Despite all their FUD, bankers are still more than happy to channel cryptocurrency’s lucrative benefits.
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