International Monetary Fund

IMF Warns Global Growth Weighed Down by Economic Trifecta 
IMF Warns Global Growth Weighed Down by Economic Trifecta 
October 11, 2022  |  Economy

An economic trifecta of runaway inflation, Russia’s war on Ukraine and pandemic after-effects lingering from China are leading to gloomy projections of slow global growth...

READ MORE >
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
September 23, 2022  |  Cryptocurrency

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default...

READ MORE >
CBDC Weekly: Digital Dollar Project Starts Sandbox; IMF Pushes for Cross-Border Platform; India Plans Live Pilot
CBDC Weekly: Digital Dollar Project Starts Sandbox; IMF Pushes for Cross-Border Platform; India Plans Live...
September 06, 2022  |  CBDC

The U.S. Digital Dollar Project (DDP) has announced plans to create a technical sandbox where members and financial services providers can experiment with a U.S....

READ MORE >
IMF Staffers Favor Platform for X-Border Payments, Crypto Regulation
IMF Staffers Favor Platform for X-Border Payments, Crypto Regulation
September 01, 2022  |  International

International Monetary Fund (IMF) staffers are reportedly advocating for a global platform for cross-border payments and for regulations of cryptocurrencies. These calls to action were...

READ MORE >
El Salvador Weekly: Finance Minister Insists Bitcoin Losses Are Only on Paper
El Salvador Weekly: Finance Minister Insists Bitcoin Losses Are Only on Paper
June 17, 2022  |  Bitcoin

On June 10, El Salvador was down about $38.1 million on its bitcoin investment. By Friday (June 17), that number had grown to $57.6 million....

READ MORE >
El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
June 10, 2022  |  Bitcoin

Almost year ago Sunday (June 5), President Nayib Bukele announced El Salvador would make bitcoin a legal tender, on par with the U.S. dollar. With...

READ MORE >
Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto Bank Sues Fed
Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto...
June 08, 2022  |  Cryptocurrency

No one will be shocked to hear that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam was unstinting in his praise of a Senate bill...

READ MORE >
El Salvador Weekly: Bitcoin’s Still a Major Sticking Point in Talks with IMF
El Salvador Weekly: Bitcoin’s Still a Major Sticking Point in Talks with IMF
May 27, 2022  |  Bitcoin

The International Monetary Fund (IMF) dropped yet another strong hint that it won’t bail El Salvador out of coming debt payments that could lead to...

READ MORE >
Central African Republic, Like El Salvador, May Soon Regret Adopting Bitcoin
Central African Republic, Like El Salvador, May Soon Regret Adopting Bitcoin
April 27, 2022  |  Bitcoin

The Central African Republic has become the second country in the world to adopt Bitcoin as an official currency. In making BTC legal tender alongside...

READ MORE >