News
Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials.
20319
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.
- News
A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.
5856 - Experts Answer
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
50 - News
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
4885 - Opinion
The question is not whether Bitcoin will be the future of money; the question is how, where and when it will be the future of money.
6577 - News
JP Morgan says that El Salvador's decision to adopt Bitcoin as legal tender is of little economic benefit.
18864 - News
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements.
10702 - News
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender.
54517 - News
Thanks to COVID measures, the local economy may not recover until 2022.
6188 - BlockShow
The IMF's managing director lays out four pillars for the future of digital money as it relates to artisans.
5396 - Opinion
A second Bretton Woods era will be even more centralized and even further from a true democracy.
24910 - Markets News
Stone Ridge follows MicroStrategy in going big on BTC as a report puts the indirect cost of Coronavirus at $16 trillion.
17424 - Opinion
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status?
9405 - News
According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’
11386 - Opinion
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone.
5662