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Tag Archives: IMF

IMF Chief Says Global Economic Outlook is Worsening, Optimism Towards Cryptocurrency

The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief Christine Lagarde acknowledges the global economy is not in the best of places right now. Additionally, she remains optimistic about the future of various cryptocurrencies. The Global Economy is in Bad Shape The 2008 ...

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IMF Official Calls for Regulation, Tech Adoption By Banks to Fight ‘Crypto Competition’

An official from the International Monetary Fund (IMF) suggested that central banks need to make fiat currencies “more attractive for the digital age” in an article published May 31. Deputy Director of the Monetary and Capital Markets Department Dong He suggested three responses to combat potential competition to central banks from cryptocurrencies. First, He stated that, “[Central banks] should continue ...

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IMF Report Says Crypto Does Not ‘Pose Risks’ To Global Finance

Cryptocurrencies “do not appear to pose risks to financial stability,” the International Monetary Fund (IMF) said in a report published the second week of April. In comments on crypto assets as part of its Global Financial Stability Report, the organization continued its recent stance in promoting international agreements on regulation. The report continues, “…they could [pose a risk] should their ...

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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 of the International Monetary Fund, took many in the financial system by ...

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IMF Chief Lagarde On ‘Dark Side’ Of Crypto: Blockchain… | News

International Monetary Fund (IMF) Chief Christine Lagarde said that crypto markets must be regulated by the same laws that apply to the traditional markets in an IMF blog post published today, March 13. The post, “Addressing the Dark Side of the Crypto World,” begins by praising the virtues of Blockchain technology, which she refers to as an “exciting advancement that ...

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IMF Chief Lagarde Calls for Blockchain-Powered Bitcoin Regulation

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The head of the International Monetary Fund (IMF) wants to start a blockchain arms race. Christine Lagarde, the IMF’s managing director, wrote in a Tuesday blog post that she believes regulators can use blockchain or other distributed ledger technologies (DLT) to regulate Bitcoin and other cryptocurrencies and ...

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IMF Chief Christine Lagarde Says International Crypto… | News

International Monetary Fund (IMF) chief Christine Lagarde told CNNMoney yesterday, Feb.11, that regulation of cryptocurrencies is “inevitable” and necessary on an international level. When asked during an interview with CNNMoney emerging markets editor John Defterios, about the increasing popularity of crypto markets possibly being caused by a “starvation for high returns in the global markets,” Lagarde replied that the trend ...

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Cryptocurrency Regulation ‘Inevitable,’ Says IMF Chief Christine Lagarde

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The head of the International Monetary Fund (IMF) says that cryptocurrency regulation is “inevitable” due to the nascent technology’s utility as a tool that criminals can use to perpetrate illicit activities. Speaking in an interview with CNN Money at the World Government Summit in Dubai on Sunday, ...

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