IMF


Policy

El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025

Bukele spoke during the commemoration of 203 years of El Salvador independence.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

Policy

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.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Markets

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.

(Photo by Marcos Brindicci/Getty Images)

Policy

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.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Policy

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.

Managing Director of the IMF Kristalina Georgieva (Leon Neal/Getty Images)

Videos

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.

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Policy

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.

(NASA/Unsplash)

Policy

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.

(NASA/Unsplash)

Policy

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

Indian fFnance Minister Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)

Policy

G20 President India Publishes Its Input for Framing Global Crypto Rules

India's presidency note on crypto is an effort to have its suggestions included in the framing of global crypto rules.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)