IMF
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.
El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025
Bukele spoke during the commemoration of 203 years of El Salvador independence.
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
The survey said that the 19 central banks in the region are exploring issuing a CBDC and the countries are mainly focused on how CBDCs can enhance financial inclusion and payment system efficiency.
Argentina's Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%
The government's official rate is now 800 pesos to the dollar versus roughly 400 previously.
CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.
Former FTX Executive Ryan Salame to Plead Guilty: Bloomberg; Neowiz To Build Games on Avalanche
"CoinDesk Daily" host Jennifer Sanasie takes a closer look at the hottest crypto stories today, including former FTX executive Ryan Salame's plans to plead guilty to criminal charges, Bloomberg reported. Korean game publisher Neowiz plans to build games on the Avalanche blockchain. The regulatory warning from the IMF and FSB. Activity in the crypto spot market falls. ARK Invest and 21Shares applied for regulatory approval for an ETF that would directly hold ether.
Blanket Crypto Bans Won’t Work, IMF and FSB Warn in Joint Paper
The global standard-setters also warned stablecoins adopted by multiple jurisdictions "may transmit volatility more abruptly" than other crypto.
Global Standard Setters to Deliver Global Crypto Policy Roadmap
The Financial Stability Board and the International Monetary Fund are set to deliver a paper calling for global coordination on crypto policy at this weekend's G20 summit.
