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CBDCs Could Kill The Case For Digital Currencies: India’s Central Bank Deputy Governor

Speaking at a webinar organized by the IMF on India’s digital payment system, the Reserve Bank of India’s Deputy Governor T Rabi Sankar said CBDCs could kill the case for cryptocurrencies. Referring to cryptocurrencies backed by advanced technologies, he said that technology is a tool and it can be misused.  India is planning to launch its […] дальше »

2022-6-4 18:56


“Dollarization” Contributing to “Cryptoization” of Emerging Markets, says IMF

This “cryptoization” can become a threat to fiscal policy as such developing nations should consider the benefits of issuing CBDCs as a response to the growing use of crypto, the Fund said. The post “Dollarization” Contributing to “Cryptoization” of Emerging Markets, says IMF first appeared on BitcoinExchangeGuide. дальше »

2021-10-4 17:35


Monetary Authority of Singapore Partners With World Bank and IMF to Launch Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development. дальше »

2021-6-29 21:40


IMF Asks Everyone to Just Get Along Regarding Crypto

The IMF blog post tackles one of the looming questions of the digital currency age: how Central Bank Digital Currencies (CBDCs) and privately-issued crypto can co-exist. Co-written by Financial Counsellor Tobias Adrian and Deputy Division Chief for Monetary and Capital Markets Tommaso Mancini-Griffoli, the post follows others on CBDCs and stablecoins. дальше »

2021-2-21 15:27


Are Central Bank-backed Cryptocurrencies the Real Future of Blockchain Assets?

There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […] дальше »

2018-12-9 13:08