Tag: IMF

  • Bitcoin

    No, Governments Can’t do a Better Job Developing Crypto

    Would a state-backed cryptocurrency be better than its decentralized counterpart? International media has already rolled out their opinions on the matter. It’s a YES-IT-CAN. The opinions find their inspirations in comments made by Christine Lagarde last week. The head of the International Monetary Fund (IMF) said that a government-backed cryptocurrency...

    Davit Babayan | November 24, 2018 | 9:08 pm
  • IMF
    Industry

    IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies

    Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. Centralization, Control and Regulation Recommended She added that a central bank regulated system could become the starting point for...

    Martin Young | November 14, 2018 | 12:00 pm
  • Blockchain
    Blockchain

    Ripple’s CEO Says Blockchain Will Change the World of Global Payments

    Ripple CEO’s has sat down with Ross Leckow, IMF’s Deputy General Counsel, to talk about blockchain technology at the Singapore Fintech Festival. Both agreed that the distributed ledger will change the world of global payments as the International Monetary Fund engages with the private sector and industry to help...

    Ricardo Esteves | November 13, 2018 | 8:00 pm
  • Bitcoin

    Bitcoin and Crypto are Solutions to the $164 Trillion Global Debt

    The International Monetary Fund has reported that the global debt has hit $164 trillion marking a trend that could lead to a catastrophic recession if countries fail to pay off debts due to strict financing conditions. IMF Report Warns of Huge Global Debt The IMF said in its semi-annual...

    John McMahon | April 19, 2018 | 6:08 am
  • IMF
    Industry

    IMF Says Central Banks Have Needless Fears About Cryptocurrencies

    The cryptocurrency ecosystem has found an unexpected backer in the International Monetary Fund. The organization is asking the world’s central banks to be open-minded about digital money as they should “distinguish between real threats and needless fears”. IMF Wants to Help Develop Cryptocurrency Regulation Christine Lagarde, Managing Director...

    Ricardo Esteves | April 17, 2018 | 12:00 pm
  • Regulate Cryptocurrency Trading
    Bitcoin

    South Korea Tells Two Dozen Countries, IMF to Regulate Crypto Trade

    We have witnessed dozens of global attempts to regulate cryptocurrencies in recent years. None of these efforts have been positive whatsoever. South Korea now urges other countries, as well as the IMF, to curb cryptocurrency trading. An interesting stance, although it may turn out rather positive for the...

    JP Buntinx | January 10, 2018 | 11:00 am
  • IMF China Corporate Debt

    China Needs To Sort Out Its Corporate Debt, IMF Says

    Interesting things are happening in the world of traditional finance these days. China, while often seen as a prosperous economy, has received a stern warning from the IMF. The country needs to address their corporate debt levels before things spiral out of control. This will put a lot...

    JP Buntinx | August 13, 2016 | 11:00 pm

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