The IMF’s Self-Serving Case Against Bitcoin

The International Monetary Fund has finally expanded on its "issues" with El Salvador's adoption of bitcoin. There's not much behind the curtain.

Opinion  ·  28 July 2021

BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs

Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.

News  ·  9 July 2021

Singapore’s Central Bank, IMF Launch Global Challenge for CBDC Solutions

The Monetary Authority of Singapore’s “Global CBDC Challenge” will be supported by Amazon Web Services, Mastercard, Hyperledger and others.

Policy & regulation  ·  28 June 2021

El Salvador’s Bitcoin Bill Raises ‘Issues’: IMF Spokesperson

Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."

Policy & regulation  ·  10 June 2021

A New ‘Bretton Woods’ Moment?

The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?

People  ·  19 October 2020

IMF Says CBDCs Have Potential, but Don’t Solve Every Issue

Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.

Policy & regulation  ·  19 October 2020

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

Policy & regulation  ·  14 October 2020
Federal Reserve

IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules

Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.

Policy & regulation  ·  13 October 2020

Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official

A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.

Policy & regulation  ·  27 July 2020

Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says

Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF's Tommaso Mancini-Griffoli.

News  ·  26 May 2020

Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

News  ·  28 April 2020

‘The Great Lockdown’: IMF Confirms Global Recession

IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”

News  ·  14 April 2020

Digital Currencies Won’t Replace US Dollar Anytime Soon: IMF Chief Economist

Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.

Policy & regulation  ·  7 January 2020

Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

Policy & regulation  ·  16 July 2019

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech.

Markets  ·  15 April 2019