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IMF Advises Eastern Caribbean States to Trial Digital Currency
IMF suggested that a digital currency underpinned by blockchain would boost the resources and capacity of the Eastern Caribbean Currency Union (ECCU), a region that comprises St Kitts and Nevis, St Lucia, Anguilla, Antigua, and Barbuda, Dominica, Grenada, and St Vincent and Grenadines. дальше »
2020-2-7 19:00 | |
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Crypto’s Have ‘Intriguing Possibilities’ But Won’t Replace USD As Global Reserve Currency: IMF Chief
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 […] дальше »
2020-1-7 18:49 | |
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Nobel Prize-Winner Myron Scholes Backs Stablecoin to Rival Facebook’s Libra
The Saga Foundation, a Swiss non-profit created last year dedicated to developing new technologies in open and decentralized software, is launching a new virtual currency called Saga (SGA). The token is connected to the International Monetary Fund’s (IMF’s) cash reserve that can initially only be owned by accredited and identified investors. дальше »
2019-12-10 21:00 | |
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European Central Bank President Envisions Direct Digital Currency Use
The European Central Bank is exploring the potential for a digital currency, which would allow direct injections of liquidity to consumers, said Christine Lagarde, the bank’s new president. Digital Currency Optimism from IMF to ECB In her first hearing before the European Parliament as the head of the ECB, Lagarde continued spreading the message that central banks may adopt a digital currency. дальше »
2019-12-3 14:00 | |
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Leading Chinese Economist Says Libra Should Be in IMF Custody
Zhou Xiaochuan, the chairman of the People’s Bank of China from 2002 to 2018, has come out saying that Libra would work better if controlled by the International Monetary Fund (IMF). China has been watching Facebook’s Libra digital currency plans closely. дальше »
2019-11-9 00:12 | |
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Ripple Swell 2019: Can XRP be a global currency? IMF's Rajan answers
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. дальше »
2019-11-7 11:15 | |
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Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. дальше »
2019-10-21 13:15 | |
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Stablecoin regulations would need to eliminate risks regarding liquidity of underlying assets, claims IMF
As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves. дальше »
2019-9-28 18:30 | |
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Has Litecoin (LTC) Been Recognized by the IMF as a Legitimate Payment Token?
The IMF report which refers to Litecoin as being a payment token dates back to October 2018. As many of our regular readers are probably already aware of, the Litecoin ecosystem recently underwent a ‘halving’, as a result of which, block rewards associated with the currency have now dropped to 12.5 LTC. As per a […] дальше »
2019-8-12 17:46 | |
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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
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. дальше »
2019-6-4 19:03 | |
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Bitcoin [BTC] proponent Jimmy Song says IMF already has a sh*tcoin called Special Drawing Rights
Jimmy Song, a well-known Bitcoin influencer and developer, commented on the news surrounding International Monetary Fund and India. Recently, it was reported that the International Monetary Fund [IMF] and the World Bank launched their own cryptocurrency, Learning Coin, which would have no monetary value. дальше »
2019-4-16 20:30 | |
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IMF's Lagarde Acknowledges That Crypto Is Disrupting Financial Industry
The International Monetary Fund's managing director says digital currency is "shaking the system" and must be strictly regulated and held accountable or the banking sector could become unstable. дальше »
2019-4-13 17:51 | |
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Temporary Sell-off at $62, Will Litecoin (LTC) Bulls Prevail?
Litecoin prices bullish with resistance at $62 Banks could be toying with negative interest rates Volumes driving prices above minor resistance must exceed 254k of Mar 16 The idea of a duo currency economy with negative interest rates is feasible says the IMF report, and that is massive for cryptocurrencies. дальше »
2019-3-28 20:29 | |
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The Marshall Islands Digital Currency to Go Live Later in 2019
Despite being criticized by several observers in the international community, including the International Monetary Fund (IMF ) and others, the government of the Marshall Islands remains focused on launching a cryptocurrency later in 2019. дальше »
2019-3-12 02:00 | |
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Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender
The Sovereign (SOV) digital currency looks set to become the first decentralized national digital currency. It could be used in the Marshall Islands on an equal footing with the US dollar. Such cryptocurrency as legal tender, even in a small state, is a larger step on the path to crypto-adoption. дальше »
2019-3-10 11:44 | |
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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 […] дальше »
2019-1-4 02:17 | |
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IMF Chair Christine Lagarde Teases Digital Currency at Fintech Festival
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. дальше »
2018-11-17 18:38 | |
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Bitcoin ATMs Most Common Scam Payment Method in Australia
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. дальше »
2018-11-15 07:35 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
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. дальше »
2018-11-15 22:38 | |
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IMF’s Lagarde: ‘We Should Consider The Possibility To Issue Digital Currency’
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.
дальше »2018-11-15 21:22 | |
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IMF’s Lagarde: ‘We Should Consider the Possibility To Issue Digital Currency’
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.
дальше »2018-11-15 21:22 | |
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IMF Head: Central Banks Should Consider Issuing Digital Form of Money
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. дальше »
2018-11-15 20:44 | |
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IMF’s Lagarde Says It’s Time to Consider State-Issued Digital Currencies
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. дальше »
2018-11-14 17:00 | |
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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government
Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement. дальше »
2018-11-8 18:10 | |
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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. дальше »
2018-11-7 15:59 | |
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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. дальше »
2018-10-10 22:30 | |
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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. дальше »
2018-9-30 01:00 | |
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International Monetary Fund Warns Against Marshall Islands Cryptocurrency
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.
дальше »2018-9-12 00:12 | |
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IMF Doesn’t Want Crypto To Be Classed As Legal Tender
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. дальше »
2018-9-11 23:00 | |
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IMF recommends Marshall Islands not to issue national cryptocurrency
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. дальше »
2018-9-12 19:35 | |
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Marshall Islands warned to cancel its ICO or be denied international aid
The Marshall Islands is launching its own cryptocurrency to boost its economy, but it might have run into a brick wall. The International Monetary Fund (IMF) issued a stark warning: cancel the ICO or face being cut off from the US dollar. дальше »
2018-9-11 16:59 | |
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