IMF

IMF

Policy

Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official

A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.

Tobias Adrian, director of the IMF's Monetary and Capital Markets Department (IMF)

Markets

Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says

Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF's Tommaso Mancini-Griffoli.

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Markets

Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

Credit: Shutterstock

Markets

'The Great Lockdown': IMF Confirms Global Recession

IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”

Gita Gopinath, chief economist of the International Monetary Fund. (Credit: Wikimedia Commons)

Policy

Digital Currencies Won't Replace US Dollar Anytime Soon: IMF Chief Economist

Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.

Gita Gopinath, chief economist of the International Monetary Fund. (Credit: Wikimedia Commons)

Markets

Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

IMF

Markets

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech.

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Markets

Christine Lagarde Pits Circle Against JPMorgan in IMF Debate

Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.

Photo by Circle. Used by permission.

Markets

IMF Chief Calls for Exploration of Digital Currencies

Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.

ECB President Christine Lagarde (Alexandros Michailidis/Shutterstock)

Markets

IMF Advises Against Crypto as Legal Tender in Marshall Islands Report

The IMF says the Republic of the Marshall Islands should reconsider introducing a cryptocurrency as a second legal tender over perceived risks.

IMF