IMF Report States Cryptocurrencies Present a “Vulnerability” to Global Finance Markets

IMF Report States Cryptocurrencies Present a “Vulnerability” to Global Finance Markets

2018-10-11 01:00

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.

IMF Warns Investors The paper pointed out cryptocurrencies, such as bitcoin, XRP, ether, litecoin, and EOS, are being “examined” by. . . Read More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Источник: btcmanager.com

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El Salvador’s Alliance With Bitcoin (BTC) Is Making IMF Nervous

A former member of the U.S. intelligence community has suggested that El Salvador’s decision to use Bitcoin as legal tender is causing jitters inside the International Monetary Fund (IMF). Edward Snowden quote-tweeted an Agence France-Presse (AFP) tweet stating that the IMF had urged El Salvador to remove Bitcoin as legal tender, with the quip, “SomebodyRead More

2022-1-26 12:00	el salvador
imf bitcoin salvador tender legal agence france-presse

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Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker

The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.

2021-10-19 14:17
imf bitcoin adoption central does bank country

IMF Managing Director on Bitcoin - 'Difficult to think of them as...'

It's a well-known fact that the International Monetary Fund has a rocky relationship with cryptocurrencies. This became clear as El Salvador moved towards making Bitcoin legal tender. The IMF put out The post IMF Managing Director on Bitcoin - 'Difficult to think of them as...' appeared first on AMBCrypto.

2021-10-6 09:30	BTC Trading View
imf bitcoin think managing director difficult making

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IMF Warns Bitcoin, Ethereum, Cardano, Solana Booming Prices Poses New Challenges To Financial Stability

IMF Concerned Over Bitcoin, Ethereum, Cardano, Solana Sky High Prices, Warns Crypto Poses New Challenges To Financial Stability The IMF has warned of risks posed to world economies by the growing adoption of cryptocurrencies.

2021-10-3 19:11	xbtusd
imf bitcoin challenges stability warns new financial

Making Bitcoin A National Currency is An “Inadvisable Shortcut,” says IMF

The International Monetary Fund (IMF) took to Twitter to argue against adopting Bitcoin as a legal tender over the weekend. The Twitter post from IMF reads, “Privately issued cryptoassets like Bitcoin come with substantial risks.

2021-8-30 17:10	Bitcoin News
imf bitcoin twitter weekend tender reads privately

IMF's Managing Director: Bitcoin Is Not Money, U.S. Dollar Will Be Strong

The IMF remains critical of Bitcoin after El Salvador moved to make it its second official currency

2021-7-29 17:20
imf bitcoin moved salvador official currency second

Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move.

2021-6-11 15:00	BTCUSDT
imf bitcoin currency national victory international celebrated

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.

2018-10-10 22:30	Venezuela
venezuela dash crypto people adoption turmoil maduro

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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.

2018-9-30 01:00
bitcoin economists light nobel winner professor blinded

International Monetary Fund (IMF) Director Says Bitcoin Poses No Immediate Danger

IMF Managing Director Says Cryptocurrencies Do Not Pose Immediate Danger One of the most important financial institutions around the world, the International Monetary Fund (IMF), says that cryptocurrencies do not pose an immediate danger for the economy.

2018-9-19 23:59	News
immediate danger cryptocurrencies says director imf financial

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Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code

A report published by Chinese media has alleged that more than 80% of alternative cryptocurrencies are comprised of “plagiarizing code. ” The report analyzed 488 different cryptocurrencies, finding that the code underpinning more than 90% of the projects shared a similarity score of at least 80%.

2018-9-12 14:05
code report chinese cryptocurrencies altcoins stolen finds

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IMF Pressures Marshall Islands to Drop National Crypto

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
islands marshall crypto imf pressures drop national

International Monetary Fund (IMF) Could Aid in Bitcoin and Ripple Adoption with Financial Institutions

The International Monetary Fund May Be Helping Financial Institutions Adopting XRP It will be very important to follow whether XRP is going to be acknowledged as a security or not. The cryptocurrency world is waiting since a very long time about this decision.

2018-8-7 22:58	News
very institutions going xrp financial international monetary

Bitcoin (BTC) Criticized by Three Leading US Economists

Nobel-Winner Joseph Stiglitz, ‘Dr. Doom’ Nouriel Roubini and former IMF chief economist Kenneth Rogoff all spoke negatively about the future of Bitcoin (BTC) in one day.

2018-7-10 18:56	News
bitcoin btc rogoff all kenneth chief imf

Bitcoin Will Become a Global Reserve Asset – Xapo President

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	xapo
become bitcoin xapo president global reserve asset

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