The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility.
IMF News
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Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle.
4546Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather than a form of money.
5901The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
15881S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
4912Central bank digital currencies are the next frontier for blockchain. Roxe wants to make BTC hashrate the anchor for future CBDCs.
3239The G20, OECD and other international agencies are set to implement a multilateral approach to tax policy to achieve sustainability goals.
1971The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions.
6574Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials.
24625A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.
6225Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
73The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
5114The question is not whether Bitcoin will be the future of money; the question is how, where and when it will be the future of money.
6820JP Morgan says that El Salvador's decision to adopt Bitcoin as legal tender is of little economic benefit.
19043El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements.
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