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Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF
23.1.2020
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
Crypto News From Japan: Jan. 13-17 in Review
18.1.2020
This week’s news from Japan includes heightened interest from Binance, a new working group on security tokens, and more
Though 'Intriguing,' Crypto Won't Dethrone Dollar, Says IMF Economist
7.1.2020
The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist
7.1.2020
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath
IMF Helping Philippines Become Important Crypto Market
4.1.2020
The International Monetary Fund (IMF) is providing the Philippines with technical assistance regarding crypto assets. The IMF believes the country may become an important crypto market and has provided the Bangko Sentral ng Pilipinas with suggestions for the country’s crypto regulation...
IMF Urges Philippines’ Central Bank to Collect Crypto Exchange Data
2.1.2020
The IMF has urged the Philippines’ central bank to begin collecting data on cross-border flows of crypto assets for its macroeconomic analysis
The Financial System of the Future — Who Benefits From CBDCs?
1.1.2020
Following a “successful” introduction of a digital currency, other existing payment instruments may disappear if their use falls below a critical threshold
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
13.12.2019
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring...
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...
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
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...