Fintech regulation must protect consumers, promote innovation
Nobel laureate Robert Shiller in his book Economy and the good of society said that form and process may change, but function remains the same. Regulation,...
Tagged: IMF
Regulation of crypto needs global template, says FM Nirmala Sitharaman
A “global understanding and template” is needed to regulate cryptocurrency, Union Finance Minister Nirmala Sitharaman said on Sunday. She was speaking at an interaction program organized...
Unbacked crypto-assets pose financial and financial risk, IMF warns
Assets in cryptocurrency, which are not backed by states, can threaten the effectiveness of monetary policy, pose financial and financial risks, make capital flows volatile and...
Crypto transactions in India are now subject to AML laws
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HSBC and Nationwide are the latest banks to limit their customers’ crypto purchases
Editor’s Note: With so much market volatility, stay tuned for daily news! Get caught up in minutes with our quick summary of today’s must-read news and...
Crypto Regulations in 2023; how does the world see it
The question that seems to be emerging in the decentralized landscape is how the crypto regulatory scenario will evolve in 2023. From the market’s point of...
Sanctioned Russian banks trade on crypto exchanges, IMF offers guidance on developing effective crypto policies
Outlook money Here are some important developments in the crypto world in the last few days Updated: 25 February 2023 at 16.59 Two major crypto exchanges...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
IMF warns El Salvador: Government should reconsider plans to increase exposure to Bitcoin
(Kitco News) The International Monetary Fund (IMF) warned El Salvador of the country’s Bitcoin exposure risk and called for more transparency. El Salvador became the...
IMF Says El Salvador’s Bitcoin Risk Has Not Materialized But ‘Should Be Addressed’
Feb 10 (Reuters) – Risks associated with El Salvador’s embrace of bitcoin “have not materialized”, but cryptocurrency use still requires transparency and attention, the International Monetary...