El Salvador’s Alliance With Bitcoin (BTC) Is Making IMF Nervous

2022-1-26 12:00

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 origin »

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Источник: btcmanager.com

imf bitcoin → Результатов: 126

IMF Continues To Pressure El Salvador To Scale Back Its Bitcoin Experiment

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	el salvador
imf bitcoin salvador down narrow call thursday

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IMF urges El Salvador to narrow Bitcoin laws amid loan negotiations

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	Crypto
imf bitcoin narrow salvador talks potential regarding

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El Salvador doubles down on Bitcoin, defies IMF concerns

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	IMF
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Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker

The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.

2021-10-19 14:17
imf bitcoin adoption central does bank country

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IMF Managing Director on Bitcoin - 'Difficult to think of them as...'

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	BTC Trading View
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IMF Warns Bitcoin, Ethereum, Cardano, Solana Booming Prices Poses New Challenges To Financial Stability

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	xbtusd
imf bitcoin challenges stability warns new financial

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Making Bitcoin A National Currency is An “Inadvisable Shortcut,” says IMF

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	Bitcoin News
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IMF's Managing Director: Bitcoin Is Not Money, U.S. Dollar Will Be Strong

The IMF remains critical of Bitcoin after El Salvador moved to make it its second official currency

2021-7-29 17:20
imf bitcoin moved salvador official currency second

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Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

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	BTCUSDT
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IMF Report States Cryptocurrencies Present a “Vulnerability” to Global Finance Markets

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	Regulations
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

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	Venezuela
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Blinded by the Light: Why Top Economists Are Wrong About Bitcoin

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
bitcoin economists light nobel winner professor blinded

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International Monetary Fund (IMF) Director Says Bitcoin Poses No Immediate Danger

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	News
immediate danger cryptocurrencies says director imf financial

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Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code

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
code report chinese cryptocurrencies altcoins stolen finds

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IMF Pressures Marshall Islands to Drop National Crypto

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
islands marshall crypto imf pressures drop national

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International Monetary Fund (IMF) Could Aid in Bitcoin and Ripple Adoption with Financial Institutions

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	News
very institutions going xrp financial international monetary

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Bitcoin (BTC) Criticized by Three Leading US Economists

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	News
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Bitcoin Will Become a Global Reserve Asset – Xapo President

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	xapo
become bitcoin xapo president global reserve asset

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El Salvador Buys The Dip Scooping Up 5 BTC — Despite IMF Pressure To Back Off Bitcoin

El Salvador bought a further 5 BTC for its national reserve, worth roughly $415,000, as the top crypto nosedived to sub-$83,000 on Monday, reversing Sunday’s price rally to $95,000. Continuing A Bitcoin Purchase Streak According to the El Salvador National Bitcoin Office, the Central American nation purchased 5 BTC, which is four more than its […]

El Salvador amends Bitcoin policies to secure $1.4b IMF Deal

El Salvador has amended its Bitcoin regulations as a part of a deal with the International Monetary Fund. According to Reuters, El Salvador Congress has approved the reforms within minutes of receiving them from President Nayib Bukele, aligning the country’s…

Czech Republic might create a BTC reserve ahead of the U.S. administration. Has the crypto race started?

While there is much talk about the U.S. leadership in creating the Strategic BTC reserve, the European countries are not shying away from crypto, either. The Czech Republic will soon decide to create a Bitcoin reserve. Other countries and corporations…

El Salvador’s Bitcoin Buying Spree Continues, Nation’s Stash Swells To Staggering 6,000 BTC

Since adopting Bitcoin as a legal tender back in 2021, El Salvador has pursued a consistent strategy of accumulating Bitcoin (BTC). This steady Bitcoin buying strategy, which has largely paid off since the asset’s price has soared, has continued up until now.

El Salvador crosses 6,000 Bitcoin milestone with latest purchase, portfolio up 105%

El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000. 77 BTC, valued at approximately $561.

Bukele Is The President of El Salvador, Not Bitcoin

A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.

El Salvador Agrees to Voluntary Bitcoin Usage in $1.4B IMF Loan Deal

El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), which includes significant changes to its Bitcoin policies.

2022-1-26 12:00

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