Crypto Rapid Growth Poses Risks, International Monetary Fund Warns

2018-10-9 19:30

Virtual coin market volatility is one of the several financial challenges in the IMF World Economic Outlook for October 2018.

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challenges financial several imf world october 2018

challenges financial → Ðåçóëüòàòîâ: 31


Ôîòî:

IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.

2018-10-9 18:00


Stackr: Cryptocurrency Savings and Investor Wealth Management Solution?

Stackr – A New Digital Asset Savings Solution Financial institutions have been changing over time, and we have arrived at a period in which these companies are becoming obsolete. That is, they are using old technologies that created high fees, that are not transparent and that revealed different challenges that the industry is currently facing. […]

2018-10-7 22:50


IMF: Rapid Development of Cryptocurrencies Poses Challenges to Financial System

Christine Lagarde, head of the International Monetary Fund (IMF), said the world is on the verge of another financial crash. The increased cybersecurity risk coming from the rapid development of financial technologies such as digital currencies is a reminder that the permanent evolution of the financial system requires vigilant regulators and supervisors, she added.

2018-10-4 13:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


Career Opportunities and Challenges in Blockchain and Data Science

Written by Abhinav Rai, Data Analyst at UpGrad Ever since the advent of Bitcoin, the world became aware of a groundbreaking technology – Blockchain. Blockchain can be defined as “an incorruptible digital ledger of economic transactions” designed to track and record almost everything – from financial transactions (bitcoin) to anything else that holds value.

2018-7-24 08:40


Ôîòî:

EU Parliament Report Reveals How Banks Could Beat Bitcoin

A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome.

2018-7-24 02:00


Ôîòî:

Bbva Bank Ceo Calls Blockchain ‘Immature’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish

2018-6-20 05:34


Ôîòî:

Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24