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Business cryptocurrencies IMF

‘So Many Things Wrong’ With IMF Education Video, Says Crypto Twitter

According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’ An old International Monetary Fund video explaining the benefits and disadvantages of cryptocurrency has resurfaced on social media, and many viewers are largely unimpressed.The two-minute video originally published in June 2018, which the International […]

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Bitcoin Business coronavirus IMF

Bitcoin at Risk as IMF Warns of Worst Downturn in 90 years

Amid record correlation between Bitcoin and the S&P 500, the IMF has predicted the worst global downturn in almost a century. The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better.With Bitcoin (BTC) experiencing a record […]

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Blockchain CBDC Central Bank digital currency Government IMF

IMF Weighs the Pros and Cons of a Central Bank Digital Currency

International Monetary Fund leader, Tao Zhang, discussed the positives and negatives of a central bank digital currency. In a recent keynote speech to the London School of Economics, International Monetary Fund (IMF) Deputy Managing Director, Tao Zhang, briefed the positives and negatives of a central bank digital currency (CBDC).Zhang pointed toward greater efficiency and lower […]