News with the tag "International Monetary Fund (IMF)"

While Vancouver is mulling embracing Bitcoin as a shield against inflation, El Salvador—once the poster child for crypto adoption—is scaling back its bold gamble to secure crucial IMF funding. On December 11, the Vancouver City Council will consider a proposed motion that seeks to integrate Bitcoin ...

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency. Ahmed stated that the intention is to unify the official and parallel market exchange rates. Reports suggest that Ethiopia’s decision ...

The International Monetary Fund (IMF) recently published a report titled “A Primer on Bitcoin Cross-Border Flows”. This report has sparked discussions about Bitcoin’s increasing impact on the global financial landscape. The IMF is analyzing Bitcoin’s potential role in promoting economic stability an...

Edo Farina (@edward_farina), a prominent figure in the XRP community, has gotten the community’s attention with a recent video. In the video, he mentioned claims that the International Monetary Fund (IMF) has predetermined the price of XRP. These statements are attributed to a friend of Linda P. Jon...

Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s teetering e...

The Group of 20 (G20) has adopted the crypto asset policies laid out jointly by the IMF and FSB.

The IMF has laid out a three-step matrix for identifying and mitigating country-level crypto risks.

Leaders unite for swift implementation of cross-border crypto regulation.

The IMF has published a joint report with FSB, advising G20 members on the way forward about crypto asset regulation.

The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping away at the world dominance of the U.S. dollar and b...