The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode. Central banks’ moves to...
Tag: IMF
El Salvador’s Battle With the IMF Is Bigger Than Bitcoin
When Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be ...
El Salvador Under Pressure From IMF To Remove Bitcoin As Legal Tender
El Salvador had come on the radar of the financial world after it announced that it was making bitcoin a legal tender. The decision made the small North American country a favorite among crypto enthus...
The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender
The International Monetary Fund (IMF) is concerned about risks related to El Salvador’s issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. I...
Who is IMF and why do they want El Salvador to stop using Bitcoin as legal tender?
TL;DR Breakdown IMF has urged the El Salvador government to replace BTC as the legal tender. El Salvador had invested great sums of money in bitcoin previously, also announced plans for Bitcoin City. ...
El Salvador’s Alliance With Bitcoin (BTC) Is Making IMF Nervous
A former member of the U.S. intelligence community has suggested that El Salvador’s decision to use Bitcoin as legal tender is causing jitters inside the International Monetary Fund (IMF). Edward Snow...
IMF Urges El Salvador to Abandon Using Bitcoin as Legal Tender
The executive board of the International Monetary Fund (IMF) has recommended El Salvador to ditch the use of Bitcoin cryptocurrency as a legal tender in the country. Such recommendations by IMF direct...
IMF Urges El Salvador to Drop Bitcoin as Currency, Citing Financial Stability Risks
The International Monetary Fund is urging El Salvador to stop using Bitcoin as legal tender citing financial stability risks. In a statement on Jan 25, the IMF acknowledged that El Salvador is “reboun...
IMF Believes In Bitcoin Wallet For El Salvador But Not Legal Tender Status
In a press release today, the International Monetary Fund (IMF) Executive Board (Board) concluded a 2021 ‘Article IV Consultation’ with El Salvador, where recommendations on the country’s economic pol...
IMF Calls On El Salvador To Remove Bitcoin As Legal Tender
The International Monetary Fund (IMF) recently urged El Salvadoran authorities to remove Bitcoin’s legal tender status. They called it a threat to market integrity, financial stability, and consumer p...
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin (BTC) as legal tender in in the country due to the financial risks and liabilities cr...
IMF Urges El Salvador to Remove Bitcoin as Legal Tender
The International Monetary Fund (IMF) has urged the government of El Salvador to narrow the scope of the newly established Bitcoin Law and remove bitcoin as a legal tender. In a press release publishe...
IMF Executive Board Recommends El Salvador To Cancel Bitcoin Legal Tender
The International Monetary Fund (IMF) has issued a recommendation to El Salvador on using Bitcoin as a legal tender. According to the global financial institution, the continued use of Bitcoin as lega...
IMF urges El Salvador to remove Bitcoin’s status as legal tender
Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. The IMF reported on Tuesday that though digital pa...
IMF Tells El Salvador to Drop Bitcoin as Legal Tender
Key Takeaways The International Monetary Fund has urged El Salvador to discontinue Bitcoin’s status as legal tender. Directors at the IMF expressed concerns around financial stability, integrity...
IMF directors urge El Salvador to remove Bitcoin as legal tender
advertisement Executive directors of the International Monetary Fund (IMF) have urged El Salvador to remove Bitcoin’s status as legal tender in the country, according to a Jan. 25 announcement f...
Drop bitcoin as legal tender, IMF urges El Salvador
A woman vends by a sign that reads, “Bitcoin accepted here”, outside a store where the cryptocurrency is accepted as a payment method in San Salvador, El Salvador September 24, 2021. Jose ...
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet – Bitcoin News
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status....
IMF Again Calls for El Salvador to Drop Bitcoin as Legal Tender
In brief The International Monetary Fund monitors the global financial system. It’s spending a lot of time looking in El Salvador’s direction. The International Monetary Fund (IMF), which ...
IMF Warns Economic Recovery Will Be Worse Than Expected After U.S. Inflation Surge And China Covid Disruptions
Topline The International Monetary Fund on Tuesday warned the global economy is in a weaker position entering this year than previously expected due largely to the ongoing disruptions spurred by the p...
IMF cuts global growth outlook for 2022, US and China recovery wanes
The seal for the International Monetary Fund is seen near the World Bank headquarters (R) in Washington, DC on January 10, 2022. Stefani Reynolds | AFP | Getty Images The International Monetary Fund h...
Does the IMF have beef with Bitcoin? Jack Mallers gives his take
Strike CEO, Jack Mallers gave a presentation to the International Monetary Fund (IMF) regarding the Bitcoin Lightning Network and its potential to open up cross-border payments. The actual presentatio...
Inflation, Omen Of Creative Destruction
Inflation is now running at the unconscionable rate of 7 percent per year. In the bad old days of the 1970s and the early 1980s, consumer price increases were regularly in the double digits. Inflation...
Crypto Not ‘Fringe’ Anymore, Connection to Stocks Might Comprise Risks: IMF
The International Monetary Fund (IMF) admonitions the connection between cryptocurrency and financial markets, which posits risks to the financial system, reports Outlook. The international body prese...
Crypto Price Shows Stronger Interconnectedness with Stock Market amid COVID-19: IMF
As a change of tune, the International Monetary Fund (IMF) alludes to how crypto-assets like Bitcoin (BTC) have transformed from an obscure asset class to an integral part of the digital asset revolut...
As Per IMF Research, Why is Cryptocurrency Not An Investment Hedge Anymore?
Research by the IMF (International Monetary Fund) has revealed that the correlation of Bitcoin and other cryptocurrencies with stock market swings has increased, therefore, they are not an investment ...
IMF Says Growing Connection Between Crypto and Traditional Finance Pose New Risks
The International Monetary Fund (IMF) is issuing a warning to investors that a growing link between crypto assets and the stock market may pose a risk to the financial system. In a new report, the IMF...
IMF Says Crypto Maturity Comes With Increased Financial Stability Concerns
The International Monetary Fund (IMF) noted that the increased adoption of cryptocurrencies among retail and institutional investors meant that crypto was no longer considered as a fringe asset class,...
IMF shares ‘stability concerns’ over crypto’s increasing correlation with stocks
One of the biggest appeals of Bitcoin and other cryptocurrencies lies in their ability to act as a hedge against inflation as opposed to traditional assets like bonds and equities. This has even spurr...
IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach
The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. In its recent report, the international body...
IMF Finally Admits Bitcoin Has Evolved Into An Integral Part Of The Digital Asset Revolution, But Highlights New Risks ⋆ ZyCrypto
Advertisement     The International Monetary Fund thinks Bitcoin and cryptocurrencies have come to the fore of financial markets. Despite being an integral part of the...
IMF Calls Growing Correlation Between Crypto and Financial Markets a Concern
A recent IMF report states that the crypto market is showing an increased correlation with stock markets. It calls this trend a threat that could have effects on global financial markets. The Internat...