International Monetary Fund

El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy
El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy
El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” gr...
El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy

Why US Lawmakers Are Considering Legislation on El Salvador’s BTC Adoption
Why US Lawmakers Are Considering Legislation on El Salvador’s BTC Adoption
A new bill titled the Accountability for Cryptocurrency in El Salvador (ACES) Act has been presented in the U.S. House of Representatives by a bipartisan group of regulators.
Why US Lawmakers Are Considering Legislation on El Salvador’s BTC Adoption

Argentina Approves IMF Debt Deal Discouraging Crypto Use
Argentina Approves IMF Debt Deal Discouraging Crypto Use
Argentina’s Senate has approved a $45 billion debt deal with the International Monetary Fund (IMF) that includes a provision about discouraging the use of cryptocurrency in th...
Argentina Approves IMF Debt Deal Discouraging Crypto Use

IMF: Bitcoin Should Not Be Legal Tender in El Salvador
IMF: Bitcoin Should Not Be Legal Tender in El Salvador
The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analy...
IMF: Bitcoin Should Not Be Legal Tender in El Salvador

IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The tea...
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender

What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S....
What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?

Crypto Cannot 'Serve the Function of Money' Due to Volatility, Senior IMF Official Says
Crypto Cannot ‘Serve the Function of Money’ Due to Volatility, Senior IMF Official Says
The International Monetary Fund has mixed views about cryptocurrencies. Tommaso Mancini-Griffoli of IMF says the organization sees them as investment assets rather than an alt...
Crypto Cannot 'Serve the Function of Money' Due to Volatility, Senior IMF Official Says

IMF Wants More Crypto Supervision in the Philippines
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges a...
IMF Wants More Crypto Supervision in the Philippines

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Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper
The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time.
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IMF Official: Central Banks Need to Compete With Crypto
An IMF official believes central banks need to offer "better" fiat currencies in order to fend off potential competition from cryptocurrencies.
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