Search Results for: central bank demand

IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up

by

The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.” IMF Sees New…

Cardano to Invest $100 Million to Fund Decentralized Finance Projects

by

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to…

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

by

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of…