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Lens

IMF – International Monetary Fund

  • Bitcoin News

    Inter-country use key for CBDCs to reach potential: report

    For central bank digital currencies to enhance cross-border payments, issuing institutions must take functionality into account to avoid unintended barriers, a joint report by three international financial bodies says.

    Lachlan Keller

  • Regulation

    India almost ready with crypto consultation paper: Official

    The Indian government is studying how other countries have regulated the asset class before drafting laws for the industry, the secretary for economic affairs Ajay Seth told local media.  See related article: Crypto regulation has to ‘take its time’: India FM Nirmala Sitharaman Fast facts “Our consultation paper is fairly ready. We have gone into […]

    Pradipta Mukherjee

  • Regulation

    India’s financial stability at risk from cryptos: IMF

    The International Monetary Fund (IMF) is voicing concerns over the adoption of cryptocurrencies in India, suggesting it poses significant risks to the country’s financial stability, local media report. See related article: Killing it softly or regulating to innovate? India at the crypto crossroads Fast facts Crypto assets pose significant risks, including to financial stability in […]

    Pradipta Mukherjee

  • Bitcoin News

    E-CNY chief says digital dollar poses no threat to China

    China does not expect significant impact on its monetary system if the digital dollar were introduced, said Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative on Wednesday. He spoke at a panel organized by the Atlantic Council think tank to support the release of the International Monetary Fund’s report on central […]

    Jeanhee Kim