2020-1-7 16:00 |
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
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The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus should be on meeting digital payment needs and improving transparency in the use of these digital assets.
2023-6-23 13:00 | |
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Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
2020-1-8 16:00 | |
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With the ongoing conversation surrounding central bank digital currencies (CBDCs), the International Monetary Fund (IMF) is examining its potential role in future sovereign digital currency issuances.
2019-12-30 15:30 | |
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A recent report by the IMF shows that digital asset technologies are not being dismissed by traditional finance institutions.
2018-12-18 18:20 | |
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Virtual currencies expanded all over the world and in many different fields. Indeed, there are several central banks that are getting into digital currencies. There are many benefits of embracing cryptocurrencies or creating new ones.
2018-12-17 11:08 | |
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There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […]
2018-12-9 13:08 | |
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IMF Hints About Embracing Digital Currencies At Fintech Festival The International Monetary Fund generated attention across the crypto community this week at Singapore’s Fintech Festival. Earlier this week, the IMF indicated that it may embrace certain types of digital currencies in the future.
2018-11-19 00:52 | |
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Digital currencies are getting serious thought from global bodies. Christine Lagarde, Managing Director of the International Monetary Fund, has hailed the ongoing “Fintech revolution” and enumerated the possible advantages to digitizing money.
2018-11-17 18:38 | |
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On November 14, 2018, the International Monetary Fund’s (IMF) Managing Director Christine Lagarde is of the opinion that governments and central banks should look into issuing state-backed digital currencies, witnessing the global shift to cashless economies.
2018-11-15 22:00 | |
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CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector.
2018-11-15 11:37 | |
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The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority.
2018-11-15 07:35 | |
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International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection.
2018-11-15 05:00 | |
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With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.
2018-11-15 22:38 | |
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Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore.
2018-11-14 22:30 | |
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Christine Lagarde has outlined several pros and cons about CBDCs in a keynote speech during Singapore’s fintech festival.
2018-11-14 21:56 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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The winds of change are sweeping the financial sector, at least according to Christine Lagarde, the managing director of the International Monetary Fund (IMF). Speaking at the Singapore Fintech Festival on Nov.
2018-11-15 20:44 | |
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Christine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure.
2018-11-14 19:10 | |
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Head of the International Monetary Fund, Christine Lagarde, said that central banks should consider issuing state-backed digital currency. The IMF head gave her advice during a speech delivered at the Singapore Fintech Festival.
2018-11-14 17:00 | |
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Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies.
2018-11-14 15:00 | |
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Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.
2018-11-14 12:00 | |
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CEO Ripple, Brad Garlinghouse stood beside IMF Deputy General Counsel, Ross Leckow in a presentation on their opinions on digital currencies during the Singapore Fintech Festival. The pair were asked questions on their views about the current digital asset market and the role of central banks by the audience. Conservative Counsel As a high ranking […]
2018-11-14 10:25 | |
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Ripple CEO Brad Garlinghouse talked about the opportunities for digital assets and blockchain technology in the ASEAN region. Speaking with IMF’s Deputy General Counsel Ross Leckow, Garlinghouse noted on Monday that the unique regulatory frameworks of the region could help in the creation of game-changing technology that will change the future of global payments.
2018-11-13 18:29 | |
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Ripple’s CEO, Brad Garlinghouse, recently sat down for a chat with IMF’s Deputy General Counsel Ross Leckow. The conversation took place at Monday’s Singapore Fintech Festival. In the dialogue, the two exchanged ideas on the opportunities that blockchain technology and digital assets provide for the financial institutions in the ASEAN (Association of Southeast Asian Nations) region.
2018-11-13 11:31 | |
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CEO Brad Garlinghouse sat down with IMF’s Deputy General Counsel Ross Leckow for a fireside chat on Monday afternoon at the Singapore Fintech Festival. They engaged in a far-reaching dialogue on the opportunities blockchain and digital asset technology presents for financial institutions in ASEAN, given the the region’s unique regulatory frameworks.
2018-11-13 04:04 | |
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A lot of exciting price momentum is forming across the cryptocurrency and digital asset markets. Although this momentum is still in the process of materializing in a significant manner, there is a reason for some cautious optimism.
2018-11-12 17:27 | |
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Hilda Heine, the president of the Republic of Marshall Islands (RMI), is fighting for her political career after she allegedly defied the International Monetary Fund’s (IMF) advice and went ahead with the introduction of a new digital currency that the IMF considers to be a threat to the country’s financial stability.
2018-11-7 15:59 | |
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The International Monetary Fund (IMF) and the World Bank have weighed in on sovereign considerations and global implications of blockchain and other financial services technologies.
2018-10-15 19:01 | |
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The International Monetary Fund (IMF) recently issued a stern warning against the rapid growth of the digital assets. The fund argues that the spontaneous rise in the prices of cryptos , is exposing the global financial system to so many attacks; given that the World Bank is also receptive of the crypto asset trend.
2018-10-11 18:34 | |
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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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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 | |
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The future of blockchain technology and global regulation of digital assets took center stage on the the first day of Swell 2018. Honorable Sunil Sabharwal, former alternate executive director of the International Monetary Fund (IMF), offered thoughts on the opportunities for broader global regulation for blockchain digital assets.
2018-10-2 20:17 | |
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A recent report from the IMF warns the small island nation that its planned national digital currency poses more risks than it offers benefits. Marshallese authorities seem to disagree.
2018-9-12 00:12 | |
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The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands.
2018-9-11 23:00 | |
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The Republic of the Marshall Islands, which planned to issue a digital currency as a legal tender, received a negative recommendation from the International Monetary Fund. The IMF advised to abandon these plans.
2018-9-12 19:35 | |
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