Tag Archive: IMF

• Altcoin News, Bitcoin, Bitcoin Acceptance, Bitcoin Regulation, News, News teaser

  IMF: Crypto Assets Could ‘Reduce Demand’ For Central Bank Money

  In light of the global financial crisis of 2008, the invention of Bitcoin and other cryptocurrencies has caused many to reassess the value of centralized banking institutions. Dong He, deputy director of the IMF’s Monetary and Capital Markets Department, shared his analysis on how the mainstream adoption of cryptocurrency could affect central banks and monetary policy. Value and Volatility Value and volatility are critical indicators of currency adoption. As He observes, Bitcoin’s price volatility is high because

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  Toju Omet · June 5, 2018 · 8:00 am
• Bitcoin, Bitcoin Investment, Emerging Markets, FinTech, News, News teaser

  IMF’s Lagarde: Bitcoin ‘Could Have a Significant Impact on How We Save’

  In an official International Monetary Fund Blog post yesterday, IMF Managing Director Christine Lagarde showered positive sentiment on the cryptocurrency market, though also cautioned against both “crypto-condemnation” and “crypto-euphoria.” Instead, the French lawyer suggests taking a rational, clear-minded approach towards the regulation of digital assets. ‘A Significant Impact’ The cryptocurrency market is absolutely brimming with fraudulent projects, which will never actually see the light of day. But there are still players that will have an

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  Adam James · April 17, 2018 · 12:30 pm
• Bitcoin, Bitcoin Regulation, News, News teaser

  IMF: Cryptocurrency Regulation is ‘Inevitable’

  The cryptocurrency market has largely operated free from regulation since Bitcoin first came about in 2009. With crypto on everyone’s minds these days, however, the IMF says Bitcoin regulation is an unavoidable eventuality. “It’s Inevitable” According to International Monetary Fund (IMF) chief Christine Lagarde, it’s not a matter of “if” cryptocurrencies will be regulated by world governments, but rather “when.” Explained Lagarde to CNNMoney: It’s inevitable. It’s clearly a domain where we need international regulation

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  Adam James · February 12, 2018 · 11:00 am
• Bitcoin, Bitcoin Price, News, News teaser, Uncategorized

  Bitcoin Price Rockets Past $5000 to New All-Time High

  Bitcoin price soared past the $5,000 mark today, reaching a current all time high of $5,188 on the GDAX exchange.  Bitcoin’s price rocketed through the psychological $5,000 barrier, reaching an all time high, at the time of writing of $5,188. Relative strength technical indicators do show that the currency has been overbought now for three days, however, the price shows no sign of stopping. With recent speculation by investors of $10,000 bitcoin in six to

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  Matthew Tompkins · October 12, 2017 · 6:40 am
• Altcoin News, Bitcoin, Bitcoin Acceptance, News, News teaser

  IMF’s Christine Lagarde Sees Cryptocurrencies Potential For ‘Dollarization 2.0’

  On the 29th of September, the IMF’s Managing Director Christine Lagarde spoke in London at the Bank of England of the possibilities for cyrptocurrencies, comparing their rise to a brave new world of wonder and possibility. IMF Chief, Christine Largarde, gave her speech entitled “Central Banking and Fintech – A Brave New World” at the Bank of England conference, in which she tackled innovative future trends including cryptocurrency and A.I.  She highlighted use case scenarios

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  Matthew Tompkins · October 2, 2017 · 2:15 pm