IMF
Week in Review: El Salvador's Currency Law and International Ramifications, U.S. Lawmakers Put Bitcoin on Trial, China's BTC Mining Crackdowns and More
Taking a look at this past week's stories making waves in the cryptocurrency space: El Salvador adopting bitcoin as legal tender, the IMF's cautious warning, and various U.S. lawmakers questioning bitcoin's volatility. Plus, an update on China's bitcoin mining crackdowns.
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The team for “The Hash” considers the potential impact of IMF’s signals of resistance and the influence IMF holds over developing countries.
What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S. lawmakers are also critical of bitcoin, with Massachusetts Senator Elizabeth Warren urging the government to confront crypto threats “head-on.”
El proyecto de ley de Bitcoin en El Salvador plantea problemas, dice portavoz del FMI
Gerry Rice dijo que el plan de El Salvador de adoptar Bitcoin como moneda de curso legal plantea "cuestiones macroeconómicas, financieras y legales".
Crypto Cannot 'Serve the Function of Money' Due to Volatility, Senior IMF Official Says
The International Monetary Fund has mixed views about cryptocurrencies. Tommaso Mancini-Griffoli of IMF says the organization sees them as investment assets rather than an alternative to fiat money due to volatility. Mancini-Griffoli joins "First Mover" to discuss the financial reasons why the IMF thinks people are drawn to crypto and shares his thoughts on how China's CBDC project will impact the global financial system.
Funcionario del FMI: «Un mundo con más de una moneda de reserva es un mundo más estable»
Tommaso Mancini-Griffoli dijo que ya vivimos en un mundo con más de una moneda de reserva, pero también que las Cripto eran demasiado jóvenes y volátiles para ser una reserva global.
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.
¿Un nuevo momento “Bretton Woods”?
El FMI ha dicho que es hora de reevaluar el orden económico mundial, pero ¿qué significa eso realmente?
El FMI afirma que las CBDC tienen potencial, pero no resuelven todos los problemas
Los países podrían beneficiarse de la emisión de monedas digitales emitidas por los bancos centrales, pero no son una panacea para todos los males, afirma un nuevo informe del FMI.
