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IMF Wants Crypto Mining Answers from Georgia + More News
2.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country...
Former PBoC Governor: Libra Would Be Trusted If Run by IMF
8.11.2019
Zhou Xiaochuan — the People’s Bank of China’s longest-serving governor — has proposed Libra would be more easily trusted if it were in the hands of the IMF
ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’
1.11.2019
Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and...
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
Cashaa Launches Banking Solution for Indian Crypto Owners
22.10.2019
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies....
Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years
18.10.2019
Bitcoin will outlast most fiat if it survives till 2036
Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Why Has Brazil’s Central Bank Included Crypto Assets in Trade Balance?
23.9.2019
Brazil’s central bank will classify crypto as nonfinancial products, following IMF guidelines: What does that mean?
New IMF Blog Considers Pros and Cons of Adoption of Stablecoins
19.9.2019
The IMF outlines potential risks and benefits related to the adoption of new digital payment methods, including stablecoins
“Lawmakers Should Be Open to Blockchain and Cryptocurrencies,” Says IMF Chief Christine Lagarde
10.9.2019
Christine Lagarde, the current chairperson of the International Monetary Fund (IMF) and presidential nominee for European Central Bank (ECB), has often made headlines for her bold statements regarding blockchain technology and cryptocurrencies. Last week, in an opening statement, addressed to...
IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation
4.9.2019
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde
Why Regulation Is the Best Thing for Crypto
28.8.2019
Regulation is coming to the crypto space and we should embrace it. Do you agree?
Brazil Central Bank implements IMF Guidelines, Acknowledges Cryptocurrencies as Assets
27.8.2019
Recently, the Central Bank of Brazil has proceeded to categorize selling or buying cryptocurrency resources as per IMF (International Monetary Fund) rules. Brazil’s national bank declared its choice just recently. Besides, with the new type of classification as per IMF standards, exchanged...
Brazil Central Bank Adopts IMF Guidelines for Crypto Classification
26.8.2019
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Litecoin Price Analysis: LTC Plunges To $90 Mark; IMF Acknowledged The Crypto As Payment Token
8.8.2019
For a long period of time, Litecoin has been treated as crypto of grassroots, but recently in its definition of payment tokens, International Monetary Fund (IMF) has acknowledged Litecoin. It is a significant achievement for the crypto, as IMF is one of the biggest financial institutions in...
China Designated as Currency Manipulator by United States Treasury
6.8.2019
In what can be termed as an unexpected turn of events, the United States Treasury has designated China as a Currency Manipulator. The announcement has been done via the Treasury Department’s official Twitter handle on 5th August, followed by a press release. U.S. Treasury Designates China as...
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
16.7.2019
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption