By the end of next year, a minimum of 5 countries can have accepted bitcoin as a monetary system, the chief operating officer of cryptocurrency exchange Bitmex has foretold. He…
IMF Sees New Challenges to monetary Stability From Crypto
The International Monetary Fund(IMF) warns that the rising quality of cryptocurrencies poses new challenges to monetary stability. “Cryptoization will cut back the flexibility of central banks to effectively implement financial…
IMF Chief In The Race For Top Position At European Central Bank
Christine Lagarde, the IMF chief who had publicly claimed that she wants to ‘tame’ the cryptocurrency space, is being considered by many to be a potential candidate for a top…
24 Countries, the IMF and World Bank Discuss The Global Standards Of Crypto Regulations
Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation. “It is…
Is The IMF Creating A New Cryptocurrency?
As per recently published reports, the International Money Fund (IMF) is collaborating with the World Bank to create a new cryptocurrency, Learning Coin. This, however, is quite ironic as IMF’s…
MD Of IMF Wants The Introduction Of State-Backed Cryptocurrencies
With the rise in the popularity of digital assets, it is the opinion of the Managing Director of International Monetary Fund, Christine Lagarde, that it is time for governments and…
Cryptocurrency May Be a New Phase of Human Evolution: IMF
Adding spark to the existing discussion on whether Bitcoins and cryptocurrencies are the right way to go forward, International Monetary Fund’s Director of Strategy, Policy and Review Department, Martin Muhleisen,…
USD’s Status as Reserve Currency Is Fragile
The US Dollar could lose its standing as the premier global reserve currency, says Kenneth M. Jacobs, the CEO of Lazard, saying that the unilateral approach of the United States…