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.
Newsletter
Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is he...
Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17
Kirill Bryanov
2022-01-17T22:17:00+00:00
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News
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
Sam Bourgi
2022-01-14T16:45:00+00:00
7436
News
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues.
IMF: Bitcoin matured to ‘an integral part of digital asset revolution’
Erhan Kahraman
2022-01-12T09:13:30+00:00
8688
News
Investors have grown weary of El Salvador’s dollar debts as the country further adopts Bitcoin. Meanwhile, the IMF has recommended that BTC not be used as legal...
El Salvador’s dollar debt dives on Bitcoin bond plans
Brian Newar
2021-11-23T07:42:38+00:00
13004
News
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
Osato Avan-Nomayo
2021-10-19T12:17:11+01:00
3773
News
The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including o...
IMF reiterates more oversight for crypto in latest report on financial stability
Turner Wright
2021-10-12T18:15:00+01:00
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Newsletter
Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle.
Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
Kirill Bryanov
2021-10-11T16:52:29+01:00
4840
News
Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather tha...
IMF managing director: 110 countries are 'at some stage' of CBDC development
Turner Wright
2021-10-05T18:00:00+01:00
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