IMF
IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet
The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.
New IMF Report Warns of Stablecoin Risk, Sparking Criticism From Experts
The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.
IMF Rejects Pakistan’s Proposal to Subsidize Power for Bitcoin Mining: Reports
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions
IMF Says 'Efforts Will Continue' to Ensure El Salvador Doesn't Accumulate More BTC
El Salvador has kept purchasing bitcoin, but the IMF seems unfazed.
El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.
El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.
India's Crypto Discussion Paper on Hold Due to Other Priorities
Financial authorities have had to prioritize matters such as the nation's budget during an election year, meetings with other nations and the impending World Bank annual meetings.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.
