Amid the rise of regulator crackdown on the crypto industry, the way each regulator views the industry has proved to be distinct. While some are keen on an actual crackdown, some believe that with reg...
Tag: IMFs
IMF’s Georgieva and ECB’s Lagarde discuss the future of global growth at Davos
[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders and policymakers disc...
How will Costco react to IMF’s recession warning?
The IMF warns that 2023 will be a tougher year. Stock prices are in a downtrend for the past month. Costco Wholesale Corp. (NASDAQ: COST) is a global retailer with warehouse club operations in eight c...
Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings – Economics Bitcoin News
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Geo...
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
“Do not waste your reserves to protect your currency,” IMF Managing Director Kristalina Georgieva said during an on-stage discussion at the organization’s annual meeting in Washington, D.C. R...
IMF’s Statements on The Crypto Collapse
IMF believes these crypto collapses are nothing to worry about if we look at financial stability at the global level. The calm shown by IMF is a shock. This is due to various market collapses and mish...
Investors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director
According to Kristalina Georgieva – the Managing Director of the International Monetary Fund (IMF) – the recent fiasco with LUNA and UST should not become a reason for people to turn their backs on th...
IMF’s Hidden Role in Argentina’s Crypto Pushback shocks Crypto Community
BCRA has prohibited all financial institutions from offering cryptocurrency related services The measure was taken in a bid to mitigate the risks associated with cryptocurrencies Announcement comes on...
IMF’s Hidden Role in Argentina’s Crypto Pushback Rattles Crypto Community ⋆ ZyCrypto
Advertisement     Argentina’s central bank, the BCRA, has prohibited all financial institutions from offering Bitcoin or other cryptocurrency services to clients. Acco...
IMF’s conflicting views on sanctions, dollar reserves, and the dangers of Bitcoin
In an interview with Foreign Policy, IMF’s managing directors Kristalina Georgieva and Gita Gopinath shared their views on the impact Russia’s war on Ukraine has on the financial market. The two women...
CBDCs Have Advantages Over ‘Unbacked Crypto Assets’ And Stablecoins, According To The IMF’s Chief Economist
Privacy concerns about China’s digital yuan, which Georgieva highlighted as one of six central banks on the border of CBDC development in her speech, were not addressed. For starters, CBDCs aren’t a o...
Fitch Claims El Salvador’s Bitcoin Adoption Strongly Hinders IMFs Upcoming Finance Plans
Fitch Ratings, one of the big three credit ratings agencies, has downgraded El Salvador’s long-term issuer default rating (IDR). Fitch now rates El Salvador’s debt repayment capacity at CCC, a step lo...
El Salvador’s pro-Bitcoin FM fires back at IMF’s ‘insult’
The International Monetary Fund warned El Salvador to drop Bitcoin as legal tender. Not just once, or twice, but at least 4-5 times in the past. In fact, even the Executive directors urged El Salvador...
El Salvador rejects IMF’s proposal to remove Bitcoin as a legal tender
TL/DR: Breakdown El Salvador Finance minister firmly dismissed IMFs bid to drop Bitcoin as a legal tender. The IMF stated that Bitcoin could cause financial instabillity, amongst others. El Salvador i...
El Salvador Strikes Back at IMF’s Demand to Drop Bitcoin
Key Takeaways El Salvador Finance Minister Alejandro Zelaya has responded to recent demands from the International Monetary Fund. The IMF urged El Salvador to drop the cryptocurrency’s legal sta...
ECB’s Lagarde and IMF’s Georgieva discuss the global economic outlook
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The Covid-19 pandemic sent the global economy into one of its worst recessions e...
The IMF’s Monumental Malpractice
ATHENS, GREECE – MAY 31, 2011: Protestors at a demonstration in Athens, Greece. The Greek government is trying to implement a further round of severe austerity measures after EU finance official...