IMF

IMF

Videos

Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment

Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). The International Monetary Fund (IMF) has warned that bitcoin's risks in El Salvador should be addressed. Shares of Hut 8 Mining continue to slide after agreeing to merge with U.S. Bitcoin Corp last week.

Recent Videos

Policy

India Reveals IMF Is Working With G-20 for Crypto Regulations

Ajay Seth, secretary, Department of Economic Affairs, said crypto assets are not illegal in the country.

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

Opinion

What the IMF Can Teach Binance About Crypto Bailouts

In the aftermath of the FTX fiasco, the world’s largest crypto exchange is rushing to backstop failing firms and protocols. Should it?

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Markets

IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.

IMF Managing Director Kristalina Georgieva at the IMF's annual meeting in Washington, D.C. (Helene Braun/CoinDesk)

Policy

Crypto Needs ‘Global Regulatory Framework,' IMF Says

The longer it takes international regulators to form a game plan for regulating crypto, the more likely it is that regulation will be locked in at a fragmented, national level, warned the IMF on Tuesday.

(Alex Wong/Getty Images)

Policy

Una plataforma global de CBDCs podría reducir costos de pagos transfronterizos, según el FMI

El Fondo Monetario Internacional sigue siendo escéptico acerca de un sistema privado, pero está impulsando nuevas ideas sobre monedas digitales respaldadas por estados.

Autoridades del FMI quieren facilitar pagos transfronterizos a través de CBDCs. (William Potter/Getty Images)

Policy

New Global CBDC Platform Could Cut Payment Costs, IMF Says

The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.

Autoridades del FMI quieren facilitar pagos transfronterizos a través de CBDCs. (William Potter/Getty Images)

Policy

Crypto’s Slide Hasn't Bled Into the 'Real Economy,' IMF Official Says

Antonio Garcia Pascual, deputy chief of the global market analysis division at International Monetary Fund, joined CoinDesk TV to discuss why the crypto contagion hasn’t really spilled over into other markets.

(Chris McGrath/Getty Images)