IMF optimism in Central African Republic, despite Bitcoin adoption By Cointelegraph
[ad_1] © Reuters. The Central African Republic (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopted (BTC). The IMF’s...
IMF sees room for eNaira improvement in first year assessment By Cointelegraph
[ad_1] Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for...
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning By Cointelegraph
[ad_1] The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars’ worth of gold-backed digital tokens — worth around $39 million — despite a...
Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director By Cointelegraph
[ad_1] © Reuters. A myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the International...
IMF to publish CBDC handbook in response to increasing demand for guidance By Cointelegraph
[ad_1] With interest in central bank digital currencies (CBDCs) at an “unprecedented” level, the International Monetary Fund (IMF) is experiencing heavy demand for guidance in...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
Peru considering CBDC to improve payment system: Former IMF adviser By Cointelegraph
[ad_1] © Reuters. The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
IMF examines CBDC design in context of Islamic banking, finds some risks magnified By Cointelegraph
[ad_1] A central bank digital currency can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows,...