News with the tag "IMF"

The International Monetary Fund (IMF) has revised its balance of payments standards to incorporate digital assets. In the newly released seventh edition of its Balance of Payments Manual (BPM7), the agency introduces comprehensive guidelines for the first time, integrating digital assets into global...

Exciting news for the crypto world! The International Monetary Fund (IMF), a major player in global finance, has just taken a significant leap into the digital age. For the first time, the IMF is officially incorporating guidance for digital assets into its globally recognized statistical standards....

The International Monetary Fund (IMF) has announced significant updates to its statistical standards, now including cryptocurrencies within the balance of payments framework. This move marks a crucial step in acknowledging the growing role of digital assets in the global economy. Recognizing the Gro...

El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC accumulation strategy. El Salvador Remains Committed to Strategy The ...

El Salvador has purchased an additional 5 Bitcoins on Sunday, apart from the usual 1 BTC per day . The accumulation arrives days after the Central American nation acquired 5 BTC, amid a market dip . According to the nation’s Bitcoin Office, the recent accumulation adds up to the country’s BTC stash,...

While the fine print of the IMF credit facility deal states that the public sector will not acquire more bitcoin, El Salvador’s President Nayib Bukele has rejected this notion, asserting that these acquisitions will continue. But who is right? El Salvador’s IMF Credit Deal Fine Print Discussed: Are ...

The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded that there are no compelling reasons for the Southe...

The US stock market experienced downticks on Tuesday, reacting to President Donald Trump’s latest round of tariffs on Mexico and Canada. The move erased the market’s post-US election gains in November 2024 and sent major indices on Wall Street into a downward tailspin, with global markets in Asia an...

President Donald Trump announced on Tuesday night that the United States will begin enforcing reciprocal tariffs on April 2, planning to match the trade barriers imposed by Europe, China, India, Mexico, and Canada. Speaking at his now-infamous joint Congressional hearing, Trump claimed that these co...

The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has continued to increase its Bitcoin portfolio. The El Salvador government has continued its effort to bols...