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The IMF has kept close tabs on various cryptocurrencies for some time now. Numerous warnings regarding Bitcoin and altcoins have been issued in recent years. In a surprising turn of events, the organization now focuses its attention on stablecoins. These digital assets gain a lot of popularity, yet the IMF is concerned they will pose … Read more
Brazil’s central bank will classify crypto as nonfinancial products, following IMF guidelines: What does that mean? Go to Source Powered by WPeMatico
The IMF outlines potential risks and benefits related to the adoption of new digital payment methods, including stablecoins Go to Source Powered by WPeMatico
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde Go to Source Powered by WPeMatico
Regulation is coming to the crypto space and we should embrace it. Do you agree? Go to Source Powered by WPeMatico
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies Go to Source Powered by WPeMatico
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also … Read more
IMF chief economist Gita Gopinath has called on global regulators to be vigilant and take the proper regulatory steps regarding Facebook’s Libra Go to Source Powered by WPeMatico
The International Monetary Fund has argued that network effects could spark the blaze for the mass adoption of new digital monies Go to Source Powered by WPeMatico
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon Go to Source Powered by WPeMatico