Bitcoin News / Bitcoin.com - 2 months ago
BRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent Representative to the United Nations. With major econ...
Bitcoin News / Bitcoin.com - 2 months ago
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries li...
Bitcoin News / Google News Bitcoin - 2 months ago
IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support ref...
More / Bitcoin Reddit - 2 months ago
I ran some rough calculations comparing El Salvador’s current 27% return on their Bitcoin investments to what might have happened if they had followed the IMF’s advice and taken a $1.4 billion loan. Bitcoin holdings have gone up by about $27.4...
Cryptocoins News / CoinJournal - 2 months ago
The IMF wants El Salvador to limit “public sector exposure to Bitcoin”
The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin”
The International Monetary Fund...