Argentine Senate to Vote on IMF Agreement Discouraging Use of Cryptocurrencies
The letter of intent was signed by both parties on March 3 and already approved by the Chamber of Deputies.
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Mar 18, 2022 at 12:17 a.m. UTC
Mar 18, 2022
International Monetary Fund
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IMF: Bitcoin Should Not Be Legal Tender in El Salvador
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 analysis” of implications for its financial stability. It also questioned President Nayib Bukele’s announcement of a $1 billion bitcoin-backed bond.
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Nov 24, 2021 at 8:12 p.m. UTC
Nov 24, 2021
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Según el FMI, bitcoin no debería ser de curso legal en El Salvador
La institución financiera dijo que los planes del país centroamericano de adquirir más bitcoin requerirán un “análisis muy cuidadoso” de las implicaciones para su estabilidad financiera.
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Nov 23, 2021 at 9:35 p.m. UTC
Nov 23, 2021
Bitcoin Should Not Be Legal Tender in El Salvador: IMF
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.
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Nov 23, 2021 at 7:42 p.m. UTC
Nov 23, 2021
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IMF Views ‘Cryptoization’ as Threat to Global Economy
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 shortcut.”
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Oct 13, 2021 at 12:54 a.m. UTC
Oct 13, 2021
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IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
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 team for “The Hash” considers the potential impact of IMF’s signals of resistance and the influence IMF holds over developing countries.
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Jun 11, 2021 at 6:09 p.m. UTC
Jun 11, 2021
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What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
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. lawmakers are also critical of bitcoin, with Massachusetts Senator Elizabeth Warren urging the government to confront crypto threats “head-on.”
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Jun 10, 2021 at 8:16 p.m. UTC
Jun 10, 2021
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Crypto Cannot ‘Serve the Function of Money’ Due to Volatility, Senior IMF Official Says
The International Monetary Fund has mixed views about cryptocurrencies. Tommaso Mancini-Griffoli of IMF says the organization sees them as investment assets rather than an alternative to fiat money due to volatility.
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May 24, 2021 at 5:44 p.m. UTC
May 24, 2021
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IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.
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Apr 13, 2021 at 1:47 p.m. UTC
Apr 13, 2021
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Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper
The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time.
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Dec 17, 2020 at 2:09 p.m. UTC
Dec 17, 2020