
IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations
IMF noted that countries with excess energy sources can monetize it through mining of the flagship digital asset, Bitcoin.
Read macro-driven crypto news linking Bitcoin and digital assets to rates, inflation, liquidity, geopolitics, and global markets.

Central Banks all around the world have been working on their own digital currencies. While some are at the verge of launching it, some just started working. Either way, IMF acknowledges the movement and states their support while the society thinks otherwise.

The International Monetary Fund stated that Bitcoin's status as legal tender is posing risk to the country's financial stability and system.

The Strike CEO recounts a Bitcoin presentation made to the IMF and also shares the feedback he received.

Crypto is no longer on the “fringe” of the financial system, said IMF concerned about the increasing correlation between cryptocurrencies and stocks.

IMF has revealed that Nigeria’s eNaira project is drawing interest from around the globe though it could still face some challenges.

According to the international financial institution, Covid-19, crypto and climate pose the most challenging transitions to navigate.



