IMF recommends CBDC and global crypto standards for financial stability
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
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IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up
The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary…
Roxe hires ex-IMF economist to lead Bitcoin-backed CBDC project
Central bank digital currencies are the next frontier for blockchain. Roxe wants to make BTC hashrate the anchor for future CBDCs.
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin…
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law…
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The…
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