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IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST
26.5.2022
The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA,...
IMF Chief Speaks of Crypto ‘Pyramid’ Concerns – But Also ‘Begs’ Not to Abandon Crypto Progress
24.5.2022
The head of the International Monetary Fund (IMF) has waded into the terra (LUNA) and UST fallout – seemingly labeling the project a “pyramid,” while also urging regulators to consider the “importance” of the world of crypto and central bank digital currencies (CBDCs).
Bloomberg quoted...
International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics
23.5.2022
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering...
Bitcoin Argentina NGO to Take Crypto Education to Schools
19.5.2022
Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about the relevance of Bitcoin and...
Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto
14.5.2022
The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...
Sand Dollar CBDC Could ‘Foster Financial Inclusion’ in the Bahamas - IMF
10.5.2022
The Sand Dollar, a central bank digital currency (CBDC) developed by the Bahamas, has the potential to “foster financial inclusion and payment system resilience” in the Caribbean nation, a new report from the International Monetary Fund (IMF) has said....
Read More: Sand Dollar CBDC Could...
IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC
9.5.2022
In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets
The Bahamas' ‘Sand Dollar’ Needs Improved Cybersecurity, IMF says
9.5.2022
The CBDC only represents 0.1% of currency in the Caribbean nation, said the International Monetary Fund - which has often proved skeptical about the benefits of bitcoin
Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption
9.5.2022
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...
IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
5.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
20.4.2022
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the...
Financial Stability Board, IMF Warn of ‘Cryptoization’ Risks in Wake of Russia-Ukraine War
20.4.2022
The Basel-based Financial Stability Board (FSB) has echoed sentiments expressed by the International Monetary Fund (IMF), with both bodies warning that in the wake of the war in Ukraine, an “acceleration of cryptoization in emerging markets” could be on the cards....
Read More: Financial...
IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics
20.4.2022
The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use...
IMF global financial stability report sees complex roles for cryptocurrency, DeFi
19.4.2022
Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report
IMF’s DeFi Governance Recommendations Include These Two Steps
19.4.2022
The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector.
The body spelled out its preliminary recommendations in the latest chapter of its Global Financial Stability report, which is entitled “The Rapid Growth...
IMF Says Capital Control Powers Should Include Crypto
19.4.2022
The financial stability watchdog is the latest to worry digital assets are being used to evade sanctions on Russia