More / Bitcoin Reddit - 2 years ago
I found this priceless...The four risks the IMF have with BTC and cryptos are the following :1)Financial instability2)Illicit money3)Loss of household/business wealth4)Public funds at riskOf course none of this is possible with Fiat....I also think t...
Cryptocoins News / NewsBTC - 2 years ago
The International Monetary Fund (IMF) managing director has called for a “ prudently designed” central bank digital currency to rival private forms of crypto-assets and stablecoins.
“If CBDCs are designed responsibly, they can potentially offer more...
Bitcoin News / Bitcoin.com - 2 years ago
The 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 ca...
Cryptocoins News / The Cointelegraph - 2 years ago
On Jan. 25, the International Monetary Fund’s (IMF) directors asked El Salvador to “narrow the scope” of its Bitcoin Law by “removing Bitcoin’s legal tender status.” Adopting a cryptocurrency as the Central American country has done “entails large ri...
by COINS NEWS - 2 years ago
I was too concerned about misinformation and propaganda on the top post here few days before since the OP was trying to justify demands of IMF to drop BTC as a currency to get credits by them. For me, IMF is just trying to blackmail El Salvador for u...
Bitcoin News / Bitcoin.com - 2 years ago
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dollars into the crypto market.
Price tendency follo...
by COINS NEWS - 2 years ago
Two posts are on the front page right now: "El Salvador angrily rejects IMF call to drop Bitcoin use" and El Salvador Treasury Minister Alejandro Zelaya angrily rejects IMF demand to drop Bitcoin as legal tender, “We are a sovereign nation....
Bitcoin News / Bitcoin.com - 2 years ago
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the...
Cryptocoins News / CoinJournal - 2 years ago
El Salvador adopted Bitcoin as legal tender in September 2021 and wants to build a ‘Bitcoin city’.
The IMF says the cryptocurrency poses threats to the country’s financial stability and consumer protection.
The International M...
More / Bitcoin Reddit - 2 years ago
Remember that meeting that took place between Erdogan and Bukele last week? If you don't, you will probably read about it in the history books for it may have been one of the most important meetings in modern history. Granted this is reddit so I...
by COINS NEWS - 2 years ago
El Salvador is a sovereign country that has the full right to choose how it wants to act to build a better future for its people. Nayib Bukele chose Bitcoin to try to change the future of his country. Under the current system, El Salvador was condemn...
Cryptocoins News / Blockchain - 2 years ago
The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. (Read More)