The IMF admitted that the crypto ecosystem faces numerous challenges apart from valuation which is usually cited by critics. To formulate regulations that provide a level playing field along with…
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The Spanish central bank expressed concern over the “lack of transparency” in El Salvador’s Bitcoin adoption process. The IMF releases a report detailing the risks involved in using crypto as…
110 countries are at different stages of developing CBDCs, says IMF managing director Kristalina Georgieva. The managing director added that stablecoins will “fill the digital gap in privately issued money.”…
The Brazilian Reddit community and Bitcoin supporters worldwide plan to purchase $30 worth of Bitcoin tomorrow. This will commemorate Sep. 7 as Brazil’s Independence Day and also the day El…
El Salvador locals object to having Bitcoin as their pension and welfare payments in the future. IMF points out substantial risks with making Bitcoin a legal tender. In a surprising…
The organisation said the adoption of crypto as legal tender could bring volatility and macroeconomic instability. It called the move “a step too far” and “an inadvisable shortcut.” The International…
The G20 have published report on global stablecoins (GSC) and have reaffirmed their cooperation with World Bank, IMF and others. A new regulatory framework for stablecoins will be implemented in…