IMF


Policy

Argentine Congress Approves IMF Debt Deal That Would Discourage Crypto Usage

The $45 billion loan was approved by the Senate on Thursday night, one week after the Chamber of Deputies passed it.

Buenos Aires, Argentina (Sasha Stories/Unsplash)

Policy

Argentine Senate to Vote on IMF Agreement Discouraging Use of Cryptocurrencies

The letter of intent was signed by both parties on March 3 and already approved by the Chamber of Deputies.

Buenos Aires, Argentina

Markets

Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.

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Policy

IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins

Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.

WASHINGTON, DC - MARCH 04: IMF Managing Director Kristalina Georgieva speaks during a joint press conference with World Bank Group President David Malpass on the recent developments of the coronavirus, COVID-19, and the organizations' responses on March 4, 2020 in Washington, DC. It was announced yesterday that the Annual Spring Meetings held by the IMF and World Bank in Washington, DC have been changed to virtual meetings due to concerns about COVID-19. (Photo by Samuel Corum/Getty Images)

Videos

Crypto Markets Beginning to Bounce Back

Bitcoin and other major cryptocurrencies are trending higher Friday, but what’s behind the bounce? Peter Marber, Chief Investment Officer at Aperture Investors, discusses his crypto markets analysis. Plus, his take on the contrast between El Salvador’s economy before and after BTC became legal tender, and thoughts on the IMF’s criticisms of the country’s bitcoin adoption.

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Videos

Federal Reserve Could Raise Interest Rate Hikes in March; What This Means for Crypto

The Federal Reserve signaled Wednesday it plans to begin raising interest rate hikes as early as March to combat rising inflation. Gerber Kawasaki Co-founder & CEO Ross Gerber discusses the potential repercussions of the Fed decision on the crypto markets and wider economy.

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Policy

IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status

The global financial institution said BTC's use as legal tender poses risks to the country's financial stability, integrity and consumer protection.

El Salvador flag (Getty Images)

Policy

IMF Outlines Need for Global Approach to Crypto Regulation

The IMF called for a “comprehensive, consistent and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks.

IMF (Shutterstock)