Cryptocoins News / Blockchain - 2 years ago
The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. (Read More)
by COINS NEWS - 2 years ago
Crypto bro CEO and president of El Salvador, Nayib Bukele has replied to IMF's calls for El Salvador to remove Bitcoin as legal tender. https://nitter.net/nayibbukele/status/1486162932224479235 The IMF report mentioned some concerns over "t...
Cryptocoins News / The Cointelegraph - 2 years ago
According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection....
Bitcoin News / Bitcoin.com - 2 years ago
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the...
by COINS NEWS - 2 years ago
The International Monetary Fund which is known in developing countries for its predatory lending practices has recently released a post about Crypto saying, Our analysis suggests that crypto assets are no longer on the fringe of the financial system...
Bitcoin News / Bitcoin.com - 2 years ago
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries...
Cryptocoins News / CoinJournal - 2 years ago
The IMF says Bitcoin’s high correlation with stocks means it’s more of a risk asset.
The financial institution calls for greater global regulation of the ecosystem to reduce potential risks to the rest of the market.
Bitcoin has out...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. Crypto is no longer an obscure...
Bitcoin News / Bitcoin.com - 2 years ago
The chief economist at the International Monetary Fund (IMF) says that regulation is “absolutely important” for the crypto sector. She added that banning cryptocurrencies, like what India could be considering doing, would pose p...
Cryptocoins News / The Cointelegraph - 2 years ago
The economist's remarks come as nations around the world consider how to control cryptocurrencies. Gita Gopinath, the chief economist of the International Monetary Fun...
by COINS NEWS - 2 years ago
According to the International Monetary Fund, the crypto space poses one thing in particular: risks to the traditional financial sector. In the latest blog post, the IMF calls for extensive regulations for crypto assets. For the International Monetar...
Bitcoin News / Bitcoin.com - 2 years ago
The International Monetary Fund (IMF) has outlined some recommendations of how cryptocurrency should be regulated, noting that there is an urgent need for cross-border collaboration and cooperation on cryptocurrency regulation.
IMF Provides Recommend...