IMF
IMF: Bitcoin Should Not Be Legal Tender in El Salvador
The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analysis” of implications for its financial stability. It also questioned President Nayib Bukele’s announcement of a $1 billion bitcoin-backed bond.
El Salvador: Who Needs the IMF When You Have Bitcoin?
The IMF is a brutal bully constantly declaring its virtue. It’s about time someone pushed back.
Bitcoin Should Not Be Legal Tender in El Salvador: IMF
The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability.
IMF Views ‘Cryptoization’ as Threat to Global Economy
In its semi-annual Global Financial Stability Report, the IMF says the adoption of a cryptocurrency as national currency “carries significant risks and is an inadvisable shortcut.”
IMF Says Crypto Boom Poses Challenges to Financial Stability
The organization says more regulation is needed.
The IMF's Self-Serving Case Against Bitcoin
The International Monetary Fund has finally expanded on its "issues" with El Salvador's adoption of bitcoin. There's not much behind the curtain.
BIS, IMF, World Bank: Central Banks Must Consider Cross-Border Implications of CBDCs
In a paper published Friday, the Bank for International Settlements (BIS) said central banks worldwide should be focused more on cross-border settlement issues than domestic issues and on making central bank digital currencies (CBDCs) in different jurisdictions interoperable. “The Hash” hosts discuss surveillance concerns for CBDCs and the feasibility of the statements.
BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs
Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.
US Diplomat Voices Hope for Resolution in IMF, El Salvador Financing Tensions: Report
Victoria Nuland, U.S. undersecretary for political affairs, met with President Nayib Bukele on Wednesday.