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IMF
IMF Official Presents Blueprint for Cross-Border CBDCs
The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary and capital markets department said.
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
The move is seen as a step to attract attention towards how crypto can hurt or change the global economy rather than just nations and customers individually, government sources have told CoinDesk previously.
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.
IMF Senior Counselor on the Importance of Legal and Regulatory Clarity for Crypto
A Senior Counselor at the IMF, Marianne Bechara, discusses international crypto advice at Consensus 2023.
G-7 Will Focus on Helping Developing Nations Introduce CBDCs
"The collapse of FTX was a serious wakeup call on the need for proper consistent regulation across borders," said Masato Kanda, Japan's senior financial diplomat.
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
A "rough year" for crypto markets has underlined the need for comprehensive and consistent regulation of the sector, the International Monetary Fund (IMF) said in a new report, suggesting stablecoin issuers and crypto conglomerates need to have bank-style capital requirements. "The Hash" panel discusses how this might shape future crypto regulation across the globe.
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
FTX and banking sector collapses show the need for stronger consumer protection, governance norms, the agency said.
IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks
"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.
Global Crypto Rules to Be Grounded on Coming FSB and IMF Synthesis Paper, India Says After G20 Meetings
The basis of coming global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB), announced India as the holder of the Group of 20 (G20) Presidency in Bangalore on Saturday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what to expect.
Bitfy CEO on Brazil's Largest Public Bank Enabling Tax Payments to Be Made With Crypto
Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. The service is only available to customers with crypto deposited with Bitfy, a startup specializing in blockchain solutions in which BB's corporate venture capital arm has invested. Bitfy CEO and Founder Lucas Schoch shares insights into the initiative and the state of crypto adoption in Brazil. Plus, reactions to the International Monetary Fund’s (IMF) Executive Board stating cryptocurrency should, in general, not be granted legal tender status.