Search Results for: IMF cryptocurrency legal tender

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

IMF nõuab "rohkemat" krüptoregulatsiooni - ütleb, et keelustamine peaks olema valik

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation…

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

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According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use…

Kesk-Aafrika Vabariigi presidendi sõnul on Sango mündi edukas turule toomine oluline verstapost

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According to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” valuuta, as well as the call for the creation of a common digital currency by the regional central bank, represent two key achievements for his country…

Aruanne: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

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A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had…

Aruanne: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

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After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, aruandes on öeldud. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that…

Rahvusvaheline Valuutafond aitab El Salvadoril Bitcoini kasutuselevõtu statistika koostamisel

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The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about…

Rahaloomeamet ütleb El Salvadorile: Bitcoini seadusliku pakkumise tegemise kulud ületavad potentsiaalset kasu

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The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund…

Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

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Päästja’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Vahepeal, he expects El Salvador’s Bitcoin City to commence construction during the year and his country’s…

Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury

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As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran…