IMF

Central Banks Introduce CBDC, Stablecoin Standards With Amazon, Grab Running Trials
Central Banks Introduce CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS) has proposed standards for using digital money, including central bank digital currencies (CBDCs) and tokenized bank deposits, on a d...
Central Banks Introduce CBDC, Stablecoin Standards With Amazon, Grab Running Trials

(Christian Wiediger/Unsplash)
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a di...
(Christian Wiediger/Unsplash)

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)
IMF Official Presents Blueprint for Cross-Border CBDCs
The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary an...
The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
The move is seen as a step to attract attention towards how crypto can hurt or change the global economy rather than just nations and customers individually, government source...
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

The G-7 summit is set to take place in Hiroshima, Japan this year. (Getty Images)
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.
The G-7 summit is set to take place in Hiroshima, Japan this year. (Getty Images)

IMF Senior Counselor on the Importance of Legal and Regulatory Clarity for Crypto
IMF Senior Counselor on the Importance of Legal and Regulatory Clarity for Crypto
Ryan VanGrack, managing director and general counsel at Citadel Securities, explains at Consensus 2023 why championing one agency over another to regulate crypto is a distract...
IMF Senior Counselor on the Importance of Legal and Regulatory Clarity for Crypto

(iStockphoto/Getty Images)
G-7 Will Focus on Helping Developing Nations Introduce CBDCs
"The collapse of FTX was a serious wakeup call on the need for proper consistent regulation across borders," said Masato Kanda, Japan's senior financial diplomat.
(iStockphoto/Getty Images)

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
A "rough year" for crypto markets has underlined the need for comprehensive and consistent regulation of the sector, the International Monetary Fund (IMF) said in a new report...
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

(Bruno Sanchez-Andrade Nuño/Flickr)
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
FTX and banking sector collapses show the need for stronger consumer protection, governance norms, the agency said.
(Bruno Sanchez-Andrade Nuño/Flickr)

IMF Managing Director Kristalina Georgieva (Helene Braun/CoinDesk)
IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks
"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.
IMF Managing Director Kristalina Georgieva (Helene Braun/CoinDesk)