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What Is a CBDC?
4.12.2020
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core
Bretton Woods 2.0 is knocking at our door, and it’s not here to help
22.11.2020
A second Bretton Woods era will be even more centralized and even further from a true democracy
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
4.11.2020
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their...
Covid-19 Hit Sub-Sahara Africa Gets $16 Billion From IMF, Region Still Faces $290B Financing Gap
28.10.2020
The International Monetary Fund (IMF) says its release of $16 billion towards sub-Sahara Africa will help to cover the needs of countries badly hit by the global pandemic, Covid-19. The financial institution says despite its swift action, the region still faces a financing gap of $290 billion...
A Look at the Fascist Agenda Behind the ‘Great Reset’ and the WEF’s Reboot Propaganda
27.10.2020
Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment.” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World Economic Forum (WEF) and other mainstream entities have been...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
A New ‘Bretton Woods’ Moment?
19.10.2020
The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?
Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain
19.10.2020
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
19.10.2020
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says
The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
19.10.2020
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, and she stressed...
Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
18.10.2020
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments
Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF
15.10.2020
Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting
CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
14.10.2020
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies...
The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
13.10.2020
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving
Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
13.10.2020
Stone Ridge follows MicroStrategy in going big on BTC as a report puts the indirect cost of Coronavirus at $16 trillion
IMF, World Bank, G7 Countries to Create Central Bank Digital Currency Rules
13.10.2020
The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank
Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....
Geopolitical fallout of central bank digital currencies
17.9.2020
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status?