IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility

2021-11-23 18:13

The IMF has released its concluding statement on El Salvador adopting Bitcoin as legal tender alongside the US dollar. In IMF’s discussion with El Salvador, they covered the regulation and supervision of Bitcoin services providers and e-wallet Chivo, but the latest plans to issue sovereign bonds and use the proceeds to buy Bitcoin and fund […] The post IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility first appeared on BitcoinExchangeGuide.

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IMF recommends El Salvador to limit the public’s exposure to Bitcoin

The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin” The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin.

2024-10-4 16:39


What do IMF's concerns about Bitcoin being an 'inadvisable shortcut' actually reveal

The growing popularity of Bitcoin has resulted in many countries adopting the digital asset and the International Monetary Fund [IMF] has not been happy with it. The Washington DC based organization oThe post What do IMF's concerns about Bitcoin being an 'inadvisable shortcut' actually reveal appeared first on AMBCrypto.

2021-8-31 03:00


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Nobody Shills Bitcoin Quite Like The International Monetary Fund (IMF)

The International Monetary Fund (IMF) may have accidentally delivered its biggest advertisement for Bitcoin yet as it argues for negative interest rates. Bitcoin Proponents Thank IMF… Again Retweeting a blog post from February this year, the financial organization reiterated its faith in central banks increasing negative interest rates – essentially taxes on using money.

2019-4-22 21:00


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3 Countries Tell IMF They Want To Issue Bitcoin Bonds

The governments of at least three countries have formally acknowledged their interest in issuing a sovereign Bitcoin bond to raise capital. Afghanistan, Tunisia, Uzbekistan And Bitcoin Asia Times originally reported the trend April 17 referencing recent statements at this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC.

2019-4-17 17:00


IMF Committed to Bitcoin Adoption and Fostering a “Cashless Society”

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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The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation

In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been introduced in the Italian Senate and the IMF has voiced concerns over Malta’s blockchain industry while recognizing the positive […] The post The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation appeared first on Bitcoin News.

2019-1-28 15:25


Mark Dow Believes Bitcoin’s Scammy Promotion Runds Wild And Has No Credible Use Cases

Mark Dow Believes Bitcoin Is Too Scammy And Volatile To Be Widely Adopted The recognized analyst and trader Mark Dow is skeptical about Bitcoin’s future as a widely used digital asset. In a recent tweet uploaded on January 2, the former International Monetary Fund (IMF) economist, believes that the world’s leading digital currency does not […]

2019-1-4 02:17


Bitcoin Proponent Ron Paul: ‘Tax free Bitcoin and crypto will prevent next Fed-created recession’

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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Ripple CEO Brad Garlinghouse Speaks About Blockchain Use in ASEAN at Singapore Fintech Festival

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


Ôîòî:

Marshalls Island President Heine’s Cryptocurrency Plan Faces No-Confidence Vote

Marshalls Island President Hilda Heine’s controversial plan to introduce a sovereign cryptocurrency faced a lot of opposition in local Parliament and from the International Monetary Fund (IMF). According to The Guardian’s article published on November 5, 2018, President Hein’s cryptocurrency plan was met with sharp criticism from eight senators, which led her to her first vote of no-confidence.

2018-11-7 20:00


Ôîòî:

Marshall Islands President Faces Vote-of-no-confidence After Pushing Ahead With Plans to Issue a National Cryptocurrency

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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Crypto fear and greed rises as investors turn to Vantard

Crypto investors are increasingly greedy as Bitcoin and other meme coins continue their strong bull run. The crypto fear and greed index moved to the extreme greed zone of 85, a trend that could continue in the coming weeks.