With bitcoin's post-Fed bounce stalling and a look at the costs of making crypto user-friendly, CoinDesk’s Markets Daily is back with the latest news roundup.
The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.
Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.
The IMF called for a “comprehensive, consistent and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks.