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IMF Alarmed as Pakistan Declares Bold Bitcoin Reserve

[May 31 10:30 PM] Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the…

IMF: Namibia Has No ‘Compelling Rationale’ for Retail CBDC

[Mar 6 5:30 AM] The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded…

El Salvador Is Still Bitcoin Country

[Feb 7 9:33 PM] Follow Frank on X. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting.Let’s start with some background on the matter.On January 29, 2025, the Legislative…

The IMF Just Improved El Salvador’s Bitcoin Law

[Dec 19, 2024 2:18 PM] Follow Aaron on Nostr or X. The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its pro-Bitcoin policies.I…

US Share of World Economy Projected to Reach Historic Low

[Oct 13, 2024 2:30 AM] The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady…