IMF


Policy

IMF Says CBDCs Have Potential, but Don't Solve Every Issue

Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.

The International Monetary Fund published a report on the policy considerations for issuing a central bank digital currency Monday.

Policy

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

CFTC Chairman Heath Tarbert

Policy

IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules

Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.

pig, digital, bank

Policy

Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official

A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.

Tobias Adrian, director of the IMF's Monetary and Capital Markets Department (IMF)

Markets

Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says

Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF's Tommaso Mancini-Griffoli.

shutterstock_300528794

Markets

Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

Credit: Shutterstock

Markets

'The Great Lockdown': IMF Confirms Global Recession

IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”

Gita Gopinath, chief economist of the International Monetary Fund. (Credit: Wikimedia Commons)

Policy

Digital Currencies Won't Replace US Dollar Anytime Soon: IMF Chief Economist

Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.

Gita Gopinath, chief economist of the International Monetary Fund. (Credit: Wikimedia Commons)

Markets

Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

IMF

Markets

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech.

shutterstock_1067095721