2023-2-28 18:30 |
Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB).
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The International Monetary Fund (IMF) wants to create a global central bank digital currency (CBDC) system in an effort to connect countries and allow seamless cross-border transactions, Reuters reported.
2023-6-20 22:50 | |
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Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB).
2023-2-27 18:30 | |
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The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF.
2020-3-31 14:15 | |
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The spread of COVID-19 suggests a global recession is underway, something many economists have already alluded to. In fact, the International Monetary Fund [IMF] recently claimed that the Coronavirus The post Is Bitcoin really the answer to the financial crisis? appeared first on AMBCrypto.
2020-3-28 20:30 | |
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International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […]
2020-1-7 18:49 | |
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Global debt has reached unprecedented levels this year. The International Monetary Fund (IMF) has reported that debt has surged to $88 trillion—230 percent of global GDP. The news is harrowing, given previous large-scale debt cycles.
2019-12-22 13:43 | |
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Ripple's Swell conference 2019 saw participation from almost 159 companies and was kickstarted by Ripple's CEO, Brad Garlinghouse warming up the audience talking about XRP and Ripple's ODL service, LiThe post Ripple Swell 2019: Can XRP be a global currency? IMF's Rajan answers appeared first on AMBCrypto.
2019-11-7 11:15 | |
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Finance ministers from the Group of 20 are slowly coming to terms with the possibility of a global recession in the not-too-distant future. Whether they truly understand the dangers remains an open question.
2019-10-21 19:00 | |
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In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics.
2019-10-18 12:25 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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Financial Action Task Force’s FATF week will see the representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank, and other organizations discuss matters concerning the stablecoins and virtual assets and the risks associated with it.
2019-10-12 20:30 | |
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The IMF has finally noticed the important benefits of crypto. True, so far only in stablecoins. An IMF blog post notes the benefits of stablecoins such as low costs, global reach and speed as huge potential benefits of stablecoins.
2019-9-25 17:35 | |
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The International Monetary Fund (IMF) published a new staff paper on September 19, saying stablecoins can cause significant disruptions to the current global payments framework. However, the organization also admits that this type of cryptocurrencies can contribute to improving financial inclusion across the world.
2019-9-20 15:00 | |
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Ripple’s Swell 2019 event is getting ready to be started in November on 7th and 8th. The event is known for bringing together the trusted voice across financial services, payments, technology, and policy to share what’s unfolding in global payments.
2019-8-15 19:49 | |
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Supranational economic institutions have been studying the effects of cryptocurrency and blockchain. In a report released by the IMF, July 15, 2019, they highlight the potential for cryptocurrencies and traditional digital money to spark a new age of payments.
2019-7-17 19:00 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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Financial authorities from the Financial Stability Board (FSB) and 11 international organization have met in New York in order to discuss global standards of cryptocurrency regulations. After a year in which Argentina hosted the G-20 summit, Japan will be the new country planning the upcoming financial, political and economic meetings for the G-20 throughout 2019. […]
2019-4-30 18:29 | |
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The IMF, World Bank are raving about Ripple (XRP) and its advantages, could Bitcoin (BTC) global, censorship resistance leaning drive XRP adoption? The post Bitcoin (BTC) is helping Drive Ripple (XRP) Adoption, Are they “Best Friends”? appeared first on Ethereum World News.
2019-4-30 15:30 | |
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Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation.
2019-4-29 12:22 | |
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Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States.
2019-4-17 20:45 | |
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International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects.
2019-4-16 15:00 | |
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The International Monetary Fund (IMF) and the World Bank are working to close the knowledge gap that exists regarding blockchain in the financial world by creating their own quasi-cryptocurrency called the Learning Coin, announced April 13, 2019.
2019-4-15 16:00 | |
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Cryptocurrencies are “clearly shaking the system” according the Managing Director of the International Monetary Fund. Christine Legarde states that the emerging crypto space must be monitored and regulated to limit the disruption caused to global stability.
2019-4-12 02:00 | |
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The International Monetary Fund warns that global growth is slowing to its lowest rate since the financial crisis. But while it urges financial inclusion, don’t expect the IMF to embrace Bitcoin anytime soon.
2019-4-11 04:00 | |
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The Dow Jones Industrial Average held relatively steady on Wednesday. According to Goldman Sachs, the US stock market recovery is unlikely to run into a recession anytime soon. If that’s the case, what’s holding back the Dow? Strategists Spar over Recession Risk and Dow Danger On Wednesday, the International Monetary Fund (IMF) slashed its outlook of the global economic growth rate from 3.
2019-4-10 20:59 | |
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Since Tuesday’s opening bell, the Dow Jones Industrial Average has dropped by 180. 18 points or 0. 68 percent to 26,160. 84. The index is now down more than 300 points since last Friday. Judging by the IMF’s latest economic forecast, the bleeding might just be getting started.
2019-4-10 21:29 | |
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“Some of the best weapons do not shoot,” states the leaked military manual titled “Army Special Operations Forces Unconventional Warfare” that was recently highlighted by WikiLeaks where the US Army states that major global financial institutions such as IMF and World Bank are used as unconventional financial weapons in times of not only conflict but […]
2019-2-10 23:43 | |
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International Monetary Fund that fosters global monetary cooperation and secure financial stability is keen on a digitized world and is having a “cashless society”vision. Recently, IMF released a report titled Crypto Currencies and Monetary Policy by Jeffrey Franks, Director of IMF Europe Office where he talks about how “Money has evolved over time, to meet […]
2019-2-9 23:37 | |
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Live from a snow-covered World Economic Forum in Davos, the IMF cuts the global economic growth outlook by 3. 5%, the lowest in three years. Senior adviser to the Bank of England Huw van Steenis is leading their review of the future of finance, which he insists doesn’t include cryptocurrencies.
2019-1-22 11:30 | |
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Going by the recent development in the US banking sector, that has seen the US Fed Reserve, the central bank of US raise interest rate the fourth time in 2018, which many believe could lead to a recession in the US and a global recession by 2019, former IMF economist, who also was a former […] The post Bitcoin Proponent Ron Paul: ‘Tax free Bitcoin and crypto will prevent next Fed-created recession’ appeared first on ZyCrypto.
2018-12-21 14:15 | |
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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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Ripple CEO’s has sat down with Ross Leckow, IMF’s Deputy General Counsel, to talk about blockchain technology at the Singapore Fintech Festival. Both agreed that the distributed ledger will change the world of global payments as the International Monetary Fund engages with the private sector and industry to help its members unlock the potential of blockchain.
2018-11-14 23:00 | |
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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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International Monetary Fund (IMF) and World Bank Consider Global Impact of Disruptive Tech An annual meeting supposedly took place in which the impact disruptive technologies like distributed ledger (DLT) and smart contracts were considered and weighed upon.
2018-10-16 19:15 | |
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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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The market correction followed the IMF's report saying that the rapid growth of crypto assets can create new vulnerabilities in the global financial system. The post Bitcoin and Other Cryptos Enter Massive Correction, $16 Billion Market Cap Erased appeared first on CoinSpeaker.
2018-10-11 15:16 | |
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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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The International Monetary Fund published a report on the current state, forecasts, and risks of the global financial system. One of the risks is new cryptocurrency assets.
2018-10-10 12:44 | |
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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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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 | |
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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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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 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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As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003.
2018-6-19 11:00 | |
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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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The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief Christine Lagarde acknowledges the global economy is not in the best of places right now.
2018-6-12 14:32 | |
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The Indian central bank governor views stablecoins as a risk to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar held in Washington DC, Reserve Bank of India governor Shaktikanta Das said he has…
India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.
Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that…
India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das. According to a local report, during his keynote address at the conference on Central Banking at…
Indians are being lured with fake job offers promising high salaries, only to be trapped in Southeast Asia’s cyber slavery and cryptocurrency fraud rings. According to reports from local media, tens of thousands of Indian nationals are trapped as cyber…
Leading cryptocurrency exchange, Binance, says it has helped India’s Enforcement Directorate recover $47. 6 million in losses suffered by victims of a gaming scam involving the online gaming platform Fiewin.
The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down.