Search Results for "imf"
Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines
The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.
IMF Releases New Blog on the Adoption of Stablecoins
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.
Cryptocurrencies Should be Given Room to Grow, Asserts IMF Chief
Christine Lagarde, the IMF Chief has asked financial players, such as central banks, to be open-minded when it comes to innovations, such as cryptocurrencies, as they should be given space to grow.
IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts
A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.
IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work
The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.
IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline
The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.
Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF
A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).
IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution
Tao Zhang, deputy managing director of the International Monetary Fund (IMF), acknowledges the tremendous promise that CBDCs hold and challenges lying ahead.
Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week
Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.
Will Bitcoin Survive? IMF Predicts Worst Economy Since "Great Depression" in Aftermath of COVID-19 Global Lockdown
The International Monetary Fund (IMF) has released its quarterly World Economic Outlook for 2020 which paints a bleak picture on how the disruptive economic effects of the COVID-19 virus global quarantine measures, dubbed the ‘Great Lockdown’, will continue to cripple the markets long after the pandemic ends.
Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments
Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.
Mexican Central Bank Reveals CBDC Distribution in 2024
Banco de México, the Central Bank of Mexico has revealed that its projected CBDC will be up for public distribution by 2024.