Former IMF official believes CBDCs need to function offline to gain mass adoption

A former International Monetary Fund (IMF) official, John Kiff, believes that CBDCs need to function offline and that such technology already exists in the form of stored-value cards, which were intro...

Britain heading for IMF bailout, warns Dr Doom

Dr Droom Pound Sterling Dollar Parity Liz Truss’s £45bn tax cutting spree has set Britain on course for a bailout from the International Monetary Fund, a leading economist dubbed Dr Doom has war...

Haiti Riots Triggered By IMF Advice To Cut Fuel Subsidies

PORT AU PRINCE, HAITI – SEPTEMBER 13: Demonstrators set fire during a protest against the rising … [+] gasoline prices in Port-au-Prince, Haiti, September 13, 2022. (Photo by Georges Harry...

IMF calls for coordinated approach to global crypto regulation

The international monetary fund (IMF) has called on regulators worldwide to work toward a coordinated effort to regulate the crypto market, as its effect has a far-reaching impact on global economies....

IMF Chief Says Her Thoughts Align with India on the Need for Global Crypto Regulation ⋆ ZyCrypto

Advertisement &nbsp &nbsp International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said that she shares India’s sensibilities on crypto regulations. She said...

China gave tens of billions in secretive ‘emergency loans’ to vulnerable nations, emerging as world’s major creditor and IMF competitor

In recent years, China has shelled out tens of billions in opaque “emergency loans” for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastruc...

Nearly 100 Countries are Developing their CBDC by July – IMF

According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world. The Internatio...

Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India – Regulation Bitcoin News

India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the glo...

Indian FM Sitharaman To Discuss Crypto Regulation With IMF Chief

Nirmala Sitharaman, finance minister of India discussed the significance of crypto regulation with the managing director of the International Monetary Fund (IMF) Kristalina Georgieva. India has long f...

Crypto Assets Have Mainstream Presence – IMF

Regulators have struggled to keep up while cryptocurrencies  IMF calls for a coordinated, regular, consistent framework MiCA regulations is ready to be released next week in Europe Digital forms of mo...

IMF wants global crypto regulatory framework

A September report by two senior executives in the IMF recommends that crypto be regulated with consistency across global borders. Is the IMF fit to coordinate regulation? The International Monetary F...

IMF Bailout Could Be in UK’s Future, Says Strategist – Economics Bitcoin News

Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long ...

IMF Says Crypto Has Greater Potential as a Payment Method Over Weak Currencies – crypto.news

The International Monetary Fund (IMF) released a report stating that cryptocurrencies have greater potential as a form of payment compared to weak currencies. According to the IMF, crypto hedges signi...

IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe

Two senior International Monetary Fund (IMF) executives are advocating for a global cryptocurrency regulatory framework. IMF Monetary and Capital Markets Department’s deputy director, Aditya Narain, a...

U.K. may be on road to another IMF bailout, strategist warns

Is the U.K. on the road to an International Monetary Fund bailout? That’s the view of Peter Chatwell, head of global macro strategies trading at Mizuho Securities, as expressed in an interview on Bloo...

Crypto Assets Are No Longer Niche Products: IMF Report

According to the newest report by the International Monetary Fund (IMF), cryptocurrencies can no longer be seen as niche products, and have called for comprehensive regulation to govern the sector. Ov...

IMF Signals To a More Robust Crypto Regulatory Framework

Join Our Telegram channel to stay up to date on breaking news coverage Cryptocurrencies have certainly become an essential part of the financial ecosystem around the world. So much so that the impact ...

IMF Urges For Comprehensive Global Regulatory Policy To Tackle Crypto-Issues

The emergence of cryptocurrencies and their increasing adoption impetus the need for crypto regulations. Issues like failures of projects, exploits, high market volatility, and misuse of digital asset...

Crypto assets are no longer niche and regulators need to catch up — IMF

The past few years have seen crypto assets moved from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to th...

IMF: here are what would be the right rules for crypto

The International Monetary Fund (IMF) published a report titled “Regulating Crypto: The Right Rules Could Provide a Safe Space for Innovation” in the September edition of its flagship magazine Finance...

IMF Talks About The Capabilities That Come With CBDCs

In a new report released earlier in September, the International Monetary Fund (IMF) said that crypto’s technical capabilities could bring the potential for central banks to create a rich, diverse mon...

IMF Pitches for Comprehensive Global Regulatory Policy for Cryptocurrencies IMF Calls for Global Regulatory Framework for Cryptocurrencies

Taking note of how cryptocurrencies have emerged as a mainstream choice for a variety of purposes, IMF has called for a coordinated, consistent, and comprehensive global response to the evolving regul...

Zambian Kwacha Strengthens Following IMF Bailout 

When it was revealed that the International Monetary Fund (IMF) had authorized the $1.3 billion bailout for the country, the Zambian kwacha, which is currently trading at K15.40 for every dollar, beca...

IMF Says Crypto and Central Banks Could Set the Stage for Rich and Diverse Monetary Ecosystem – Here’s How

The International Monetary Fund (IMF) says that collaboration between central banks and crypto technology could create an innovative and efficient monetary ecosystem. In a new report written by execut...

India Surpasses UK as World’s 5th Largest Economy Based on IMF Data – Economics Bitcoin News

India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to...

IMF Seeks to Develop a Platform for International CBDC Transactions – crypto.news

The Monetary and Capital Markets Department of the IMF’s director and division chief will soon release a document outlining a design for a platform to assist CBDC clearing and settlement transactions ...

Recent IMF report highlights the flaws of cryptocurrencies; rejects its sole use

The International Monetary Fund (IMF) recently published a paper titled “A Foundation of Trust“. The paper stated that central banks must harness technological innovations introduced by cryptocurrenci...

IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency – Emerging Markets Bitcoin News

After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the...

New Global CBDC Platform Could Cut Payment Costs, IMF Says

“The worry is that the longer this takes, the more national authorities will get locked into differing regulatory frameworks,” Aditya Narain, deputy director of the IMF’s monetary and capital markets ...

IMF Expects US Economy To Experience High Inflation 

Inflation will be high for at least a year or two Furman Says Fed Should Raise Inflation Goal Many central banks, including the Fed, have adopted a 2% inflation target in recent decades The Internatio...

IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two – Coinotizia

The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF Fir...

IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two – Economics Bitcoin News

The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF Fir...