IMF
Why El Salvador Postponed Its Bitcoin Bond
El Salvador’s finance minister announced that the country is postponing its $1 billion bitcoin bond offering, which reportedly aims to help fund the “Bitcoin City” project. “The Hash” team discusses El Salvador’s ongoing bitcoin experiment and the international criticism the Central American nation has received from entities like the International Monetary Fund (IMF).
Argentina Approves IMF Debt Deal Discouraging Crypto Use
Argentina’s Senate has approved a $45 billion debt deal with the International Monetary Fund (IMF) that includes a provision about discouraging the use of cryptocurrency in the country.
Why Is the IMF So Afraid of Cryptocurrency?
The IMF is not a neutral aid organization, but the economic arm of a vast power structure. Crypto threatens that power.
Argentine Congress Approves IMF Debt Deal That Would Discourage Crypto Usage
The $45 billion loan was approved by the Senate on Thursday night, one week after the Chamber of Deputies passed it.
Argentine Senate to Vote on IMF Agreement Discouraging Use of Cryptocurrencies
The letter of intent was signed by both parties on March 3 and already approved by the Chamber of Deputies.
Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue
The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.
IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins
Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.
