Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Buzzword to Peddle
Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Buzzword to Peddle Source
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IMF
IMF Says Banning Crypto May Not Be the Best Approach to Balancing Risk, Demand
"While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run," The IMF said in a website post about interest in central bank digital currency (CBDC) adoption in Latin America and the Caribbean. "The region should instead focus on
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Banning crypto ‘may not be effective in the long run’ — IMF
The International Monetary Fund (IMF) has reiterated its calls for crypto regulation across certain countries but said an outright ban may not be the best approach.In a June 22 report on Latin America and the Caribbean, the IMF pointed to various approaches taken by local governments in addressing the adoption
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IMF Is Working on Global CBDC Platform
The IMF project on the global CBDC platform is aimed at enhancing the efficacy of payment systems. The International Monetary Fund (IMF) has started working on a global CBDC platform as different countries race to create their central bank digital currencies. IMF Managing Director Kristalina Georgieva revealed the matter, noting the
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IMF aims to unify CBDCs with global platform
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated to facilitating transactions between countries via central bank digital currencies (CBDCs). This move reflects the IMF’s commitment to fostering
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IMF envisions ‘new class’ of cross-border payment platform with single ledger
The International Monetary Fund (IMF) has presented the outlines of a “new class” of cross-border payment system that uses a single ledger to record central bank digital currency (CBDC) transactions, programmability and improved information management. IMF officials chose a roundtable on CBDC policy to reveal their new platform concept on June
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IMF Presents Blueprint for Cross-Border Payments with CBDC Platform
“Our blueprint for a new class of platforms would enhance and ensure greater interoperability, efficiency, and safety in cross-border payments, as well as in domestic financial markets,” Adrian said in a speech given in Rabat, Morocco. “The cost, sluggishness, and opacity of cross-border payments comes from limited infrastructure.” Original Source
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IMF Chief Assures Robust Lending despite Economic Uncertainty
IMF director Kristalina Georgieva highlighted the stability of lending while urging the US Federal Reserve to consider further actions in response to an uncertain economic climate. In a recent interview with CNBC, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), said that lending remains strong despite the uncertain
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IMF optimism in Central African Republic, despite Bitcoin adoption
The Central African Republic (CAR) has garnered optimism from the International Monetary Fund (IMF) one year after its adoption of Bitcoin (BTC). The IMF's positive outlook reflects the country's economic prospects and the impact of embracing cryptocurrency.The International Monetary Fund (IMF) has published a report expressing a more positive view
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IMF sees room for eNaira improvement in first year assessment
Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in the form of a working paper assessing its first year of performance. “Laudable,” said IMF researchers, but there were a few suggestions too.The eNaira was
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