IMF | ForkLog - Part 3

ForkLog 9 05.09.2023

FSB and IMF to present a global crypto-regulation roadmap

The Financial Stability Board and the International Monetary Fund will prepare a document calling for global coordination to establish a regulatory framework for digital assets.

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ForkLog 5 23.06.2023

IMF questions the case for banning cryptocurrencies

Banning cryptocurrencies may not be the best way to reduce the risks associated with them. IMF experts concluded as much.

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ForkLog 7 20.06.2023

IMF to develop platform for national digital currencies

The International Monetary Fund (IMF) is working on a platform for cross-border transactions using central bank digital currencies (CBDCs), Reuters reports.

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ForkLog 4 19.05.2023

IMF applauds Nigeria’s CBDC

The International Monetary Fund (IMF) has published a report on Nigeria's central-bank digital currency (CBDC). Its authors praised the authorities for their work.

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ForkLog 7 03.05.2023

IMF chief Kristalina Georgieva warns of ‘negative consequences’ of retail CBDCs

IMF managing director Kristalina Georgieva said that the launch of retail central bank digital currencies (CBDCs) would lead to 'a multitude of unintended consequences'.

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ForkLog 8 13.03.2023

IMF Warns of Negative Impact of Cryptocurrencies on Banks

Widespread adoption of digital assets could lead banks to lose deposits and curb lending, according to a report by the International Monetary Fund (IMF).

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ForkLog 9 27.02.2023

IMF backs regulating cryptocurrencies rather than banning them

The IMF would prefer to regulate digital assets but does not rule out banning them if risks to financial stability rise. This was stated by Managing Director Kristalina Georgieva in an interview with Bloomberg.

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ForkLog 7 24.02.2023

IMF urges a coordinated response to cryptocurrencies

Growing adoption of digital assets requires harmonising regulators' efforts across countries in relation to their regulation. This is stated in a statement by the International Monetary Fund (IMF).

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ForkLog 6 12.02.2023

IMF: Risks of Bitcoin legalisation in El Salvador have not materialised

The risks of legalising Bitcoin in El Salvador have 'not materialised' due to the 'limited' spread of the cryptocurrency. IMF experts said.

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ForkLog 6 25.11.2022

IMF urges tougher cryptocurrency regulation in Africa

The IMF proposed that authorities of African states implement tougher oversight of digital assets to strengthen consumer protections.

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ForkLog 7 28.09.2022

IMF flags risks of concentration of control at exchanges in PoS networks

The Proof-of-Stake (PoS) consensus mechanism could lead to “an excessive concentration of decision-making powers in the hands of crypto exchanges and custodial service providers, with risks to market integrity.” IMF researchers say in a study on regulating the industry.

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ForkLog 12 06.09.2022

IMF urges regulators to catch up on digital-asset regulation

Bankruptcies among issuers, exchanges and hedge funds have provided added impetus to the push for a comprehensive regime governing digital assets, the IMF said.

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