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LATAM crypto update: El Salvador boosts Bitcoin buying amid IMF warning, MetaMask launches crypto debit card
This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more. El Salvador has decided to continue with its Bitcoin purchases, despite the IMF’s warnings, while MetaMask innovates by launching its crypto debit card for Mexico, Colombia and Brazil. дальше »
2024-12-21 12:08 | |
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El Salvador accelerates Bitcoin buying following IMF deal
El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and… дальше »
2024-12-20 14:58 | |
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El Salvador Buys 11 Bitcoin Right After Securing $1.4 Billion Loan from the IMF
Key Takeaways: El Salvador just bought 11 Bitcoin, worth over $1 million, right after securing a $1. 4 billion loan from the IMF. The country remains committed to its Bitcoin strategy, The post El Salvador Buys 11 Bitcoin Right After Securing $1. дальше »
2024-12-21 11:57 | |
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El Salvador to accelerate Bitcoin purchases despite IMF deal
El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office. дальше »
2024-12-20 00:51 | |
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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. дальше »
2024-12-19 14:07 | |
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El Salvador secures IMF deal as Bitcoin acceptance turns voluntary
El Salvador secures IMF deal, adjusting Bitcoin policy to voluntary acceptance, focusing on fiscal reform and economic resilience. The post El Salvador secures IMF deal as Bitcoin acceptance turns voluntary appeared first on Crypto Briefing. дальше »
2024-12-19 01:31 | |
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El Salvador Welcomes Bitget: A New Milestone in Crypto?
Key Highlights: Bitget is licensed to operate Bitcoin services in El Salvador, unlocking great opportunities for users in the country. El Salvador adjusts its Bitcoin regulations to secure an IMF loan, moving from mandatory Bitcoin acceptance to voluntary adoption for businesses. дальше »
2024-12-18 07:52 | |
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El Salvador Considers Bitcoin Policy Revisions to Secure $1.3 Billion IMF Loan
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1. 3 billion loan from the International Monetary Fund (IMF). дальше »
2024-12-13 14:11 | |
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El Salvador to change Bitcoin plans to secure $1.3bn IMF loan
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a legal requirement making businesses accept Bitcoin as payment Since 2021, the IMF has been against El Salvador’s Bitcoin Law, asking the government to “narrow its […] The post El Salvador to change Bitcoin plans to secure $1.3bn IMF loan appeared first on CoinJournal. дальше »
2024-12-9 22:44 | |
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El Salvador to Change Bitcoin Payment Law for $1.3 Billion IMF Loan
El Salvador adjusts Bitcoin policy, making it optional for businesses, to secure a $1.3B IMF loan and unlock additional global funding. The post El Salvador to Change Bitcoin Payment Law for $1.3 Billion IMF Loan appeared first on BeInCrypto. дальше »
2024-12-9 21:20 | |
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El Salvador considers Bitcoin law changes to secure $1.3 billion IMF loan
El Salvador, the pioneering country that introduced Bitcoin legal tender, is proposing major changes to its Bitcoin legislation. This perspective shift occurs as the government seeks a pivotal agreement with the International Monetary Fund (IMF) for a $1. дальше »
2024-12-9 19:04 | |
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El Salvador to adjust Bitcoin policy for $1.3b IMF loan agreement
El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund… дальше »
2024-12-9 17:05 | |
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El Salvador to tweak Bitcoin policy to secure $1.3B loan from IMF—report
El Salvador's shift in Bitcoin policy may stabilize its economy, enhance international relations, and improve access to global financial aid. The post El Salvador to tweak Bitcoin policy to secure $1. дальше »
2024-12-10 15:25 | |
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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. дальше »
2024-10-5 16:21 | |
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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. дальше »
2024-10-5 23:00 | |
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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. дальше »
2024-10-4 16:39 | |
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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. дальше »
2024-10-4 14:09 | |
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IMF Critical of Bitcoin and El Salvador
The International Monetary Fund (IMF) renewed its calls for El Salvador to scale back its Bitcoin policies дальше »
2024-10-3 21:37 | |
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IMF Tax Increase Proposal for Crypto Miners Faces Industry Criticism
Industry experts argue that the IMF's energy tax proposal overlooks the progress made in sustainable Bitcoin mining. The post IMF Tax Increase Proposal for Crypto Miners Faces Industry Criticism appeared first on BeInCrypto. дальше »
2024-8-17 08:43 | |
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Bitcoin advocate rebuts IMF Report on crypto carbon emissions
A recent International Monetary Fund report claiming a surge in carbon emissions from AI and crypto usage has sparked a rebuttal from Bitcoin advocate Daniel Batten. The report suggests that regulators should impose a ‘crypto carbon’ tax due to the… дальше »
2024-8-16 23:45 | |
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IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said. дальше »
2024-6-20 10:21 | |
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IMF backs crypto to solve Nigeria’s forex issues despite local crackdown
The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges. The watchdog made the proposal in its latest consultation report for Nigeria. дальше »
2024-5-11 01:45 | |
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Bitcoin’s Borderless Power: IMF Recognizes Positive Impact On Global Finance
Amidst economic turmoil and stringent regulations, citizens in countries like Argentina and Venezuela have turned to Bitcoin as a lifeline. The International Monetary Fund (IMF) examines how individuals in these nations are leveraging Bitcoin to manage their finances, bypassing capital controls through off-blockchain transactions. дальше »
2024-4-24 14:30 | |
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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability
Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate. дальше »
2024-4-19 03:54 | |
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Bitcoin has transformed cross-border transactions, IMF study notes
Bitcoin's has been transforming traditional economic paradigms, and this transformation has opened it to both interest and scrutiny. The post Bitcoin has transformed cross-border transactions, IMF study notes appeared first on Crypto Briefing. дальше »
2024-4-19 22:51 | |
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IMF Demands Changes to El Salvador's Bitcoin law: Report
The IMF is reportedly demanding changes to El Salvador's pioneering Bitcoin law amid $1.4 billion credit negotiations, underscoring tensions over Bitcoin's disruptive potential. дальше »
2024-4-16 14:17 | |
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IMF urges Ukraine to complete crypto regulation update by end-2024, official says
The IMF has urged Ukraine to complete virtual asset legislation by the end of 2024 due to regulatory concerns and economic potential. The International Monetary Fund (IMF) has urged Ukraine to finalize its update of legislation regarding virtual assets by… дальше »
2024-4-4 14:07 | |
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El Salvador generating revenue from Bitcoin, could pay off all its IMF debt
El Salvador, under the leadership of President Nayib Bukele, has made significant strides in its embrace of Bitcoin (BTC) as a legal tender. Recent developments indicate that the Central American nation is not only accumulating Bitcoin reserves but also generating revenue from various BTC-related sources. дальше »
2024-3-13 13:30 | |
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Should you invest in Memeinator after IMF’s view on AI
Artificial intelligence could affect about 60% of the job in high-income countries, as per the International Monetary Fund. AI could help boost labour productivity The good news is that roughly half of these will likely see a boost to productivity due to AI integration. дальше »
2024-1-17 12:10 | |
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IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation
The IMF believes that central bank digital currencies (CBDCs) have the potential to eventually supplant cash in the monetary system of the world, according to the watchdog’s managing director Kristalina Georgieva. дальше »
2023-11-16 21:30 | |
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Can CBDCs be a good alternative to cash?
The Managing Director of the IMF stated that CBDCs could effectively replace cash. 130 countries are exploring the concept of CBDC. In a recent speech at the Singapore FinTech Festival on thThe post Can CBDCs be a good alternative to cash? appeared first on AMBCrypto. дальше »
2023-11-15 19:30 | |
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CBDCs could eventually replace cash, IMF indicates
The IMF says that state-issued digital currencies can replace cash, which is costly to distribute in island economies. While the adoption of central bank digital currencies (CBDCs) is nowhere close, they can eventually replace cash, which is “costly to distribute… дальше »
2023-11-15 15:32 | |
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IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and promoting financial inclusion. IMF introduces CBDC handbook and acknowledges BIS’s role in global digital finance experiments. дальше »
2023-11-15 12:44 | |
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G20 Accepts IMF-FSB’s Synthesis Report on Roadmap to Crypto Regulations
The Group of Twenty (G20) unanimously accepted the crypto regulatory Roadmap proposed in a joint report presented in September by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) on October 13. дальше »
2023-11-3 20:44 | |
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