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China Warns of Global Financial Instability From US Economic Policies

[Apr 22, 2023 9:30 PM] China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to…

IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’

[Apr 17, 2023 8:40 PM] Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are…

A recession is coming — Here’s how it’s fueling Bitcoin

[Apr 14, 2023 11:30 AM] Cointelegraph analyst and writer Marcel Pechman explains how a potential looming recession might be causing Bitcoin’s price to rise.

IMF to publish CBDC handbook in response to increasing demand for guidance

[Apr 13, 2023 3:00 PM] The handbook will be descriptive and informational, while the IMF offers advice tailored to specific, prioritized countries.

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

[Apr 13, 2023 3:30 AM] When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a…

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

[Apr 12, 2023 5:30 PM] The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF…

G-7 Will Focus on Helping Developing Nations Introduce CBDCs

[Apr 12, 2023 12:34 AM] The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs).

IMF reiterates call for crypto regulation after the ecosystem's 'rough year'

[Apr 11, 2023 11:00 AM] According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai.

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

[Apr 11, 2023 8:30 AM] FTX and collapses like Signature, Silvergate and Silicon Valley Bank show need for stronger consumer protection, governance norms, the International Monetary Fund said in its Global Financial Stability Report

Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador

[Apr 7, 2023 3:00 PM] According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the…

Bitcoin derivatives favor further BTC price rally toward $30K

[Apr 7, 2023 2:30 PM] Bitcoin's price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator.

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

[Apr 5, 2023 8:00 AM] An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S…

Malaysia enlists China to help end USD dependence for trade

[Apr 4, 2023 11:00 PM] More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony.

IMF examines CBDC design in context of Islamic banking, finds some risks magnified

[Mar 20, 2023 3:44 PM] A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.

Impact of the Silvergate collapse on crypto — Watch The Market Report live

[Mar 7, 2023 11:00 AM] On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the impact of the Silvergate collapse on crypto.

Is the IMF shutting the door prematurely on Bitcoin as legal tender?

[Mar 6, 2023 8:01 AM] Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.”

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

[Mar 5, 2023 4:30 PM] Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold…

Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

[Feb 28, 2023 1:06 PM] A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to alter traders' bullish point-of-view.

Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27

[Feb 27, 2023 1:30 PM] United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency.

IMF prefers to regulate crypto than banning it outright: Report

[Feb 26, 2023 10:36 PM] On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban.

Janet Yellen Says ‘Critical’ to Establish Strong Crypto Regulation — ‘We Haven’t Suggested Outright Banning’

[Feb 26, 2023 9:00 PM] U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on the sidelines of the G20 meeting for finance ministers and central bank governors. “We haven’t suggested…

IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option

[Feb 25, 2023 5:00 PM] International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to…

U.S. Treasury Janet Yellen calls for 'strong regulatory framework' for crypto activities

[Feb 25, 2023 2:07 PM] On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.

IMF Board Offers Guidance for Developing Effective Crypto Policies

[Feb 24, 2023 10:00 PM] The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the…

IMF exec board endorses crypto policy framework, including no crypto as legal tender

[Feb 23, 2023 3:30 PM] The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador.

Lebanon Financial Crisis: Banks Torched After Pound Taps New Low Versus the US Dollar

[Feb 22, 2023 12:30 AM] The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongoing strike by banks demanding the passage…

IMF Says El Salvador Should Avoid Trading Bitcoin Bonds – Here’s Why

[Feb 12, 2023 8:05 AM] The International Monetary Fund (IMF) has warned El Salvador to avoid trading Bitcoin bonds due to the risks it poses for the economy. This latest development comes after increased regulations from the Central American country that promotes the…

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

[Feb 12, 2023 3:00 AM] According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of…

Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank

[Feb 3, 2023 3:30 AM] Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will…

IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance

[Jan 20, 2023 5:30 PM] An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and traditional financial institutions. Nobuyasu…