IMF
What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S. lawmakers are also critical of bitcoin, with Massachusetts Senator Elizabeth Warren urging the government to confront crypto threats “head-on.”
El Salvador's Bitcoin Bill Raises 'Issues': IMF Spokesperson
Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."
Crypto Cannot 'Serve the Function of Money' Due to Volatility, Senior IMF Official Says
The International Monetary Fund has mixed views about cryptocurrencies. Tommaso Mancini-Griffoli of IMF says the organization sees them as investment assets rather than an alternative to fiat money due to volatility. Mancini-Griffoli joins "First Mover" to discuss the financial reasons why the IMF thinks people are drawn to crypto and shares his thoughts on how China's CBDC project will impact the global financial system.
IMF Official: ‘A World With More Than One Reserve Currency Is a More Stable World’
Tommaso Mancini-Griffoli said we already live in a world with more than one reserve currency, but also that crypto was too young and volatile to be a global reserve.
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.
A New ‘Bretton Woods’ Moment?
The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?
IMF Says CBDCs Have Potential, but Don't Solve Every Issue
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.
CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules
Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.
