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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....
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
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Central Banks To Issue Their Own Digital Currencies, Predicts IMF
29.6.2019
For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
Bitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election Risks
27.5.2019
Bitcoin prices versus the Argentine peso have hit an all-time high, as major investors are concerned about the pesos future should a populist candidate carry the elections