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
FTX’s collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund.
IMF calls for tighter crypto regulation in Africa as the industry unfolds
Ana Paula Pereira
2022-11-24T21:45:00+00:00
5834
Analysis
Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself?
Does the IMF have a vendetta against cryptocurrencies?
Andrew Singer
2022-10-27T14:01:00+01:00
3976
Newsletter
Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto.
Law Decoded, Sept. 5–12: The pressure is growing in the US
David Attlee
2022-09-12T21:15:00+01:00
1139
News
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated.
Norwegian central bank uses Ethereum to build national digital currency
Helen Partz
2022-09-12T10:20:00+01:00
18555
News
Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and ...
Crypto’s adaptability, openness key to ideal monetary system, say BIS execs
Arijit Sarkar
2022-09-03T06:45:49+01:00
4436
News
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.
Correlation growing between crypto and equity markets in Asia, says IMF
David Attlee
2022-08-22T11:37:30+01:00
2219
Newsletter
Enforcers around the world are demonstrating their interest to the industry's largest players.
Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25–August 1
David Attlee
2022-08-01T21:00:00+01:00
9138
News
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further se...
Pain ahead for algorithmic and non-cash backed stablecoins — IMF director
Brayden Lindrea
2022-07-28T03:09:19+01:00
2617

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