IMF | ForkLog - Part 4

ForkLog 7 22.08.2022

IMF flags rising correlation between cryptocurrencies and Asian stock markets

The rising correlation between cryptocurrencies and Asian stock markets has raised concerns and calls for further regulation, according to the IMF report.

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ForkLog 4 28.07.2022

IMF officials warn of a sell-off in crypto and stock markets

The cryptocurrency market is expected to fall if an economic recession begins. This view was voiced by Tobias Adrian, head of the IMF's Monetary and Capital Markets Department, according to Yahoo Finance.

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ForkLog 5 27.07.2022

IMF: Bitcoin slump did not affect global financial stability

Massive sell-offs in the cryptocurrency market have had limited consequences for the broad financial system. The IMF researchers came to this conclusion in the Global Financial Stability Report.

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ForkLog 5 05.05.2022

IMF warns of potential problems from bitcoin legalization in the Central African Republic

The IMF says that adopting Bitcoin as legal tender in the Central African Republic could pose problems for the country and the region.

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ForkLog 6 20.04.2022

Former El Salvador central bank chief: Bitcoin legalization ‘killed’ ties with the IMF

El Salvador has failed to find common ground with the International Monetary Fund (IMF), and negotiations with it are 'virtually dead'. This view was voiced by the former head of the country's central bank, Carlos Acevedo, according to ElSalvador.com.

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ForkLog 5 18.03.2022

Argentina’s IMF debt-refinancing plan includes ban on cryptocurrencies

The Argentine Parliament approved the debt-refinancing plan with the IMF for $45 billion. The institution's proposal includes a ban on the use of cryptocurrencies within the country.

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ForkLog 9 23.02.2022

IMF warns of money-laundering risks in Nigeria’s digital naira

Nigeria's digital naira could pose money-laundering and terrorist-financing risks. This is stated in an IMF briefing document.

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ForkLog 8 31.01.2022

IMF warns of crypto risks for emerging markets

Volatility in digital assets destabilises capital flows in developing markets, and their use as a substitute for fiat is associated with high risks. This view was voiced by Tobias Adrian, director of the IMF's Monetary and Capital Markets Department.

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ForkLog 7 26.01.2022

IMF urges El Salvador to drop Bitcoin as legal tender

The IMF Executive Board recommended that El Salvador strip Bitcoin of its status as legal tender in the country.

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ForkLog 20 12.01.2022

IMF Warns of Contagion Risks to Stock and Bitcoin Markets

Rising correlation between stocks and cryptocurrencies creates risks to financial stability in economies friendly to digital assets. The IMF economists' report reaches this finding.

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ForkLog 11 17.12.2021

IMF Urges Regulation Over Ban on Cryptocurrencies

In the event of a ban on cryptocurrencies, countries would lose control over the industry, so regulation—not repression—should be pursued, IMF Chief Economist Gita Gopinath said.

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ForkLog 7 10.12.2021

IMF warns of systemic risks from cryptocurrencies

The International Monetary Fund warned of systemic risks to financial stability from the growing cryptocurrency sector and urged comprehensive, coherent and coordinated regulation of the industry.

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