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IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option

IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an OptionInternational Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation IMF Managing Director Kristalina Georgieva talked about crypto regulation Saturday on the sidelines of […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF Board Offers Guidance for Developing Effective Crypto Policies

IMF Board Offers Guidance for Developing Effective Crypto PoliciesThe executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing the potential benefits of the technological innovation.” IMF Executive Board Provides Guidance on […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation

India Having ‘Detailed Discussions’ With G20 Members on Crypto RegulationIndia is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a globally coordinated approach on the regulation of crypto assets” during her recent meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments

IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment InstrumentsThe International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The IMF has called for a global response to crypto regulation that is coordinated, consistent, and comprehensive. IMF Officials on Crypto Regulation, Mainstream Adoption The International […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets

IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity MarketsOfficials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF) published a blog post on Monday on cryptocurrency regulation and how […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF Warns of Further Crypto Selloffs and More Coins Failing

IMF Warns of Further Crypto Selloffs and More Coins FailingA director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International Monetary Fund (IMF), warned about further selling pressure in the […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST

IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, USTThe managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA, UST Kristalina Georgieva, the managing director of the International Monetary Fund […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF: We Need a Lot More Work Done on Crypto Regulation

IMF: We Need a Lot More Work Done on Crypto RegulationThe International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing director of the IMF. IMF Chief Kristalina Georgieva Pushes […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF: Crypto Is No Match for Well-Designed Central Bank Digital Currencies

IMF: Crypto Is No Match for Well-Designed Central Bank Digital CurrenciesThe managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “If CBDCs are designed prudently, they can potentially offer more resilience, more safety, greater availability, and lower costs than private forms of digital money,” she said. IMF on […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet

IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo WalletThe International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision to leverage bitcoin within its financial system could pose risks. IMF Report Attempts […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI