IMF

June 23, 2023

Banning crypto ‘may not be effective in the long run’ — IMF

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the […]
May 15, 2023

Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.   The Reserve Bank of Zimbabwe has sold Z$14 billion of gold-backed digital […]
March 21, 2023

IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.   A national bank computerized cash can […]
February 27, 2023

IMF prefers to regulate crypto than banning it outright: Report

On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban. […]

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