Thu, June 13

IMF Reportedly Working on Global CBDC Platform to Boost Interoperability

The IMF is stepping up its support for Central Bank Digital Currencies (CBDCs) being developed by countries throughout the globe. According to Reuters, the IMF is working on a worldwide platform to improve CBDC interoperability. IMF Managing Director Kristalina Georgieva said on Monday that the platform will facilitate transactions between

June 19, 2023 2 mins read

G7 Unites to Embrace Global Crypto Regulations and IMF Guidelines

In a resounding display of unity, the Group of Seven (G-7) intergovernmental political forum has voiced its unwavering dedication to embracing the upcoming regulations for overseeing crypto assets set forth by the Financial Stability Board (FSB). Additionally, the G-7 has reaffirmed its support for the International Monetary Fund’s (IMF) guidelines

May 16, 2023 2 mins read

IMF Authorities Warn of Crypto Impact on Conventional Markets

Global policymakers are becoming more concerned about the unpredictability of cryptocurrency markets. IMF officials Nobuyasu Sugimoto, deputy division chief of the division of financial supervision and regulation, and Bo Li, deputy managing director of the IMF, issued a warning on the potential impact of cryptocurrency market volatility on the global

January 21, 2023 2 mins read

Crypto Is Moving More Toward Asia’s Equities, IMF Suggests Regulation

Relationship between the Asian equity market and cryptos has increased, as per IMF. IMF suggests regulatory frameworks to protect the investors. According to a recent blog post from the International Monetary Fund (IMF), the interconnection between the Asian equity market and cryptocurrencies has nearly tenfold increased since the Covid-19 pandemic.

August 23, 2022 2 mins read

Fearful Impact of Global Recession on Crypto Market

According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below $1trillion from its all-time high of $3 trillion. Since the beginning of the year, the global economy has been in a gloomy and depressing state, and multiple incidents this year

July 27, 2022 2 mins read

IMF Managing Director Showered Appreciation Towards Cryptocurrencies at WEF

She also joked about the “hate tweets” she got when the IMF voiced an objection. According to her, the President of El Salvador Nayib Bukele made the “sovereign decision”. After the catastrophic collapse of the Terra ecosystem, the IMF’s managing director has declared that the world should not be discouraged

May 24, 2022 1 min read

Cambridge Starts Crypto Research Project With IMF & BIS

Cambridge University starts a new crypto research project and studies. Panthers with the IMF and the BIS for the research project.  Goldman Sachs, Visa, Mastercard also play a major role in the project. The crypto industry has become a vivid entity which can never ever be banished off. Crypto ought

March 1, 2022 2 mins read

IMF Restricts To Elevate Crypto as National Currency

Cryptocurrencies are emerging and play a vital role in all fields and industries supporting large businesses as well. Many new entrants are jumping into the crypto space and are very eager to invest their assets into the digital market. Through this, numerous countries are also inspecting to accept the crypto

August 5, 2021 2 mins read