2021-10-19 14:17 |
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
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The International Monetary Fund (IMF) is still not comfortable with El Salvador’s Bitcoin gamble. At a press conference on Thursday, the IMF renewed its call for El Salvador to narrow down the scope of its Bitcoin legislation and revamp its regulatory framework surrounding the cryptocurrency.
2024-10-5 16:21 | |
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The International Monetary Fund (IMF) has recommended that El Salvador narrow the scope of its Bitcoin (BTC) law and strengthen regulatory oversight during ongoing talks regarding a potential lending program, Bloomberg News reported, citing IMF Director of Communications Julie Kozack.
2024-10-5 23:00 | |
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El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD […] The post El Salvador doubles down on Bitcoin, defies IMF concerns appeared first on CryptoSlate.
2024-10-4 14:09 | |
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A former member of the U.S. intelligence community has suggested that El Salvador’s decision to use Bitcoin as legal tender is causing jitters inside the International Monetary Fund (IMF). Edward Snowden quote-tweeted an Agence France-Presse (AFP) tweet stating that the IMF had urged El Salvador to remove Bitcoin as legal tender, with the quip, “SomebodyRead More
2022-1-26 12:00 | |
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It's a well-known fact that the International Monetary Fund has a rocky relationship with cryptocurrencies. This became clear as El Salvador moved towards making Bitcoin legal tender. The IMF put out The post IMF Managing Director on Bitcoin - 'Difficult to think of them as...' appeared first on AMBCrypto.
2021-10-6 09:30 | |
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IMF Concerned Over Bitcoin, Ethereum, Cardano, Solana Sky High Prices, Warns Crypto Poses New Challenges To Financial Stability The IMF has warned of risks posed to world economies by the growing adoption of cryptocurrencies.
2021-10-3 19:11 | |
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The International Monetary Fund (IMF) took to Twitter to argue against adopting Bitcoin as a legal tender over the weekend. The Twitter post from IMF reads, “Privately issued cryptoassets like Bitcoin come with substantial risks.
2021-8-30 17:10 | |
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The IMF remains critical of Bitcoin after El Salvador moved to make it its second official currency
2021-7-29 17:20 | |
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El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move.
2021-6-11 15:00 | |
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A warning statement from the International Monetary Fund (IMF) ascertains the “rapid growth” of Bitcoin and other cryptocurrencies could create “new vulnerabilities” in the globe’s financial markets, as published in the IMF’s World Economic Outlook report on October 9, 2018.
2018-10-11 01:00 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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A long list of award winning economists have railed against Bitcoin and cryptocurrency, predicting spectacular failure. Nobel prize winner Paul Krugman has predicted the total collapse of Bitcoin because of its deflationary nature, going as far to call it “evil.
2018-9-30 01:00 | |
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IMF Managing Director Says Cryptocurrencies Do Not Pose Immediate Danger One of the most important financial institutions around the world, the International Monetary Fund (IMF), says that cryptocurrencies do not pose an immediate danger for the economy.
2018-9-19 23:59 | |
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A report published by Chinese media has alleged that more than 80% of alternative cryptocurrencies are comprised of “plagiarizing code. ” The report analyzed 488 different cryptocurrencies, finding that the code underpinning more than 90% of the projects shared a similarity score of at least 80%.
2018-9-12 14:05 | |
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The International Monetary Fund (IMF) has exerted pressure on the Marshall Islands to torpedo its proposed crypto. The move by the Washington-based global financial institution has been cited as evidence of the steps central bankers will take to thwart cryptocurrency adoption.
2018-9-12 06:35 | |
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The International Monetary Fund May Be Helping Financial Institutions Adopting XRP It will be very important to follow whether XRP is going to be acknowledged as a security or not. The cryptocurrency world is waiting since a very long time about this decision.
2018-8-7 22:58 | |
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Nobel-Winner Joseph Stiglitz, ‘Dr. Doom’ Nouriel Roubini and former IMF chief economist Kenneth Rogoff all spoke negatively about the future of Bitcoin (BTC) in one day.
2018-7-10 18:56 | |
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The president of Xapo, Ted Rogers has predicted that Bitcoin will become the future of the global reserve asset. The possibility of the cryptocurrency becoming part of the list of currencies in the Special Drawing Right (SDR) of the International Monetary Fund (IMF) has been ruled out by some experts for some reasons.
2018-6-18 22:37 | |
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Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to…
For institutional investors, Bitcoin-backed lending presents a compelling alternative to traditional fixed-income investments.
Binance Loans has introduced a new feature: Fixed Rate Loans. The new offering allows users to secure stablecoin loans with a fixed annual percentage rate over the entire loan period, providing greater financial predictability. The Binance (BNB) service allows users…
Binance is preparing to roll out a new product that would enable non-fungible token (NFT) holders to borrow crypto against NFT assets.
The company in March 2022 had borrowed $205 million from Silvergate Bank.
Business software company Microstrategy (MSTR) said it has no assets custodied with Silvergate Capital (SI) and is in no other way financially linked to the bank other than a commitment to repay a loan in 2025, the company said on Thursday.
The company in September issued a prospectus for the sale of up to $500 million in common stock.