A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
Singapore’s central bank offers cash prizes for digital currency ideas
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
World Bank refuses El Salvador’s request for help on BTC transition
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.
El Salvador’s Bitcoin adoption may jeopardize IMF negotiations: JPMorgan
JP Morgan says that El Salvador’s decision to adopt Bitcoin as legal tender is of little economic benefit.
El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements.
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender.
Marshall Islands digital currency would ‘raise risks,’ says IMF
Thanks to COVID measures, the local economy may not recover until 2022.
A New ‘Bretton Woods’ Moment?
The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.
CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
IMF, World Bank, G7 Countries to Create Central Bank Digital Currency Rules
The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank.
Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official
A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.
Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says
Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF’s Tommaso Mancini-Griffoli.
Libra Has a Flawed Crisis Model, Says Ex-IMF Economist
Libra’s revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.
‘The Great Lockdown’: IMF Confirms Global Recession
IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”
Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF’s Gita Gopinath.
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.
IMF and World Bank Launch Educational Blockchain Token
The International Monetary Fund and the World Bank have launched an internal crypto token to fill a “knowledge gap” around blockchain tech.
Christine Lagarde Pits Circle Against JPMorgan in IMF Debate
Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.