IMF

Global Crypto Rules to Be Grounded on Coming FSB and IMF Synthesis Paper, India Says After G20 Meetings
Global Crypto Rules to Be Grounded on Coming FSB and IMF Synthesis Paper, India Says After G20 Meetings
The basis of coming global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (F...
Global Crypto Rules to Be Grounded on Coming FSB and IMF Synthesis Paper, India Says After G20 Meetings

Bitfy CEO on Brazil's Largest Public Bank Enabling Tax Payments to Be Made With Crypto
Bitfy CEO on Brazil's Largest Public Bank Enabling Tax Payments to Be Made With Crypto
Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. The service is only available to customers with crypto deposited wi...
Bitfy CEO on Brazil's Largest Public Bank Enabling Tax Payments to Be Made With Crypto

US Regulators Warn Banks About Crypto Liquidity Risks; IMF Board ‘Generally Agreed’ Crypto Shouldn’t Be Legal Tender
US Regulators Warn Banks About Crypto Liquidity Risks; IMF Board ‘Generally Agreed’ Crypto Shouldn’t Be Legal Tender
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers. Separately, the International Monetary Fund’s (IMF) Exec...
US Regulators Warn Banks About Crypto Liquidity Risks; IMF Board ‘Generally Agreed’ Crypto Shouldn’t Be Legal Tender

IMF Managing Director Kristalina Georgieva (Carsten Koall/Getty Images)
IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said.
IMF Managing Director Kristalina Georgieva (Carsten Koall/Getty Images)

Asobitcoin President on El Salvador’s Bitcoin Experiment
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the...
Asobitcoin President on El Salvador’s Bitcoin Experiment

Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment
Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just af...
Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment

Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)
India Reveals IMF Is Working With G-20 for Crypto Regulations
Ajay Seth, secretary, Department of Economic Affairs, said crypto assets are not illegal in the country.
Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)

Markets Daily Podcast Cover
Weekend Story: What the IMF Can Teach Binance About Crypto Bailouts
On today’s show we’re taking a look at bailouts and one perspective on what Binance can learn from the IMF, courtesy of Stephanie Hurder, a CoinDesk columnist, founding econom...
Markets Daily Podcast Cover

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
What the IMF Can Teach Binance About Crypto Bailouts
In the aftermath of the FTX fiasco, the world’s largest crypto exchange is rushing to backstop failing firms and protocols. Should it?
Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

(sharply_done/Getty Images, modified by CoinDesk)
Bitcoin and Opting Out of the IMF and World Bank
How the IMF and World Bank funnel resources from poor countries to rich ones.
(sharply_done/Getty Images, modified by CoinDesk)