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El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund…
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The IMF has urged Ukraine to complete virtual asset legislation by the end of 2024 due to regulatory concerns and economic potential. The International Monetary Fund (IMF) has urged Ukraine to finalize its update of legislation regarding virtual assets by…
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The IMF wants Pakistan to increase tax measures on crypto profits to secure a $3 billion bailout for its faltering economy.
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Payments giant Mastercard says adoption is the most challenging part for state-issued digital currencies. The second-largest payment-processing provider, Mastercard, sees no prospects for central bank digital currencies (CBDCs) shortly, as consumers nowadays are “comfortable using today’s type of money.” In…
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The IMF says that state-issued digital currencies can replace cash, which is costly to distribute in island economies. While the adoption of central bank digital currencies (CBDCs) is nowhere close, they can eventually replace cash, which is “costly to distribute…
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The IMF Annual Meetings, which concluded on Oct. 15, put forward a roadmap to address "risks related to crypto currencies."
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The International Monetary Fund (IMF) has called for financial reforms, particularly in the crypto industry. But the recent Israel-Hamas conflict threatens the global economy.
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India is set to make a decisive move on cryptocurrency regulations following recent global discussions, leaning away from an outright ban.
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Global regulators, including the IMF, are working to reduce risks that cryptocurrencies may pose to economic and financial stability
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Bank de France has unveiled the outcomes of its wholesale central bank digital currency (wCBDC) trial
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El Salvador's international bonds rebounded, offering a remarkable 60% return in 2023, with a significant portion achieved in the first half of the year
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International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated to facilitating transactions between countries via central bank digital currencies
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The Digital Currency Monetary Authority (DCMA) has announced the launch of its Universal Monetary Unit (UMU) dubbed Unicoin.
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The International Monetary Fund (IMF) is set to release a detailed handbook on central bank digital currencies (CBDCs) to provide guidance and support as interest in digital currencies grows.
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Kristalina Georgieva, managing director of the International Monetary Fund (IMF), stated that the monetary body prefers regulating crypto assets over a complete prohibition at the recent G20 finance ministers’ meeting in Bengaluru, India. The IMF’s viewpoint is consistent with recent…
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Arguably, the world’s most important economic event — the World Economic Forum 2023 Davos conference — took place from Jan. 16 – 20 this year. The main focus of almost every conversation was on the global recession and other effects…
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