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Tag: IMF
IMF Head Lagarde Urges Central Banks to Consider Issuing Digital Currencies
Category: Altcoins, Blockchain, Business, Development, Finance, News, Platform, Tech
On November 14, 2018, the International Monetary Fund’s (IMF) Managing Director Christine Lagarde is of the opinion that governments and central banks should look into issuing state-backed digital currencies, witnessing the global shift to cashless economies. Although, IMF chief stated that such innovation could best be achieved by a public-private partnership. Regaining Footing in Digital Money Ecosystem Speaking at…
Crypto Markets Decline Stopped by SEC Decision That Decentralized Cryptocurrencies Are Not Securities: Week in Review Jun. 18
Category: Altcoins, Bitcoin, Crime, Ethereum, Finance, News, News Digest, Regulation, Tech
It has been a sobering week for crypto investors as the price of bitcoin continued last week’s decline to drop another ten percent versus last week’s close after a new study suggested that Tether (USDT) trading manipulated the bitcoin rally of late-2017. Fortunately, for bitcoin and – especially ether – holders, the U.S. Securities and Exchange Commission (SEC) director William…
IMF Releases Report on Cryptocurrencies: Highly Regards the Technology’s Benefits and Use Cases
Category: Altcoins, Bitcoin, Commentary, Ethereum, News
The global financial crisis, the most recent being the 2008 crisis and the humongous bailout packages for top financial institutions and even the entire economies like Greece, definitely raised some eyebrows over central banks’ monopoly on the issuance of currency. With this in mind, the June 2018 edition of International Monetary Fund’s (IMF) paper on cryptocurrencies was unsurprisingly “pro-crypto.” Bitcoin…
Two Futurists Believe Cryptocurrencies Will Replace National Currencies in 2030
Category: Altcoins, Bitcoin, Commentary, News, Tech
Ever since bitcoin first came to the fore nearly a decade ago, futurists have been fascinated as to what the future may look like if cryptocurrencies are adopted on a mass scale. Convincing a New Generation of Investor For the general public, they may not have much of a grasp as to the many benefits and pitfalls associated with cryptocurrencies….
IMF Report Examines Challenges and Future of “Virtual Currencies and Beyond”
Following a surge of interest in blockchain technology by governments, a report entitled “Virtual currencies and beyond: Initial considerations” has been recently released by the International Monetary Fund (IMF) detailing the future opportunities, as well as challenges, that innovations inspired by Bitcoin will bring. The report reveals some interesting information on regulation, adoption and risks posed by these disruptive technologies….
