A new bill titled the Accountability for Cryptocurrency in El Salvador (ACES) Act has been presented in the U.S. House of Representatives by a bipartisan group of regulators.
Argentina’s Senate has approved a $45 billion debt deal with the International Monetary Fund (IMF) that includes a provision about discouraging the use of cryptocurrency in th...
The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analy...
The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability....
In its semi-annual Global Financial Stability Report, the IMF says the adoption of a cryptocurrency as national currency “carries significant risks and is an inadvisable short...
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The tea...
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S....