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G20 Leaders Release Statement on Digital Assets and Central Bank Digital Currencies (CBDCs)

G20 leaders have issued their statement following a two-day summit in New Delhi, with India presiding over the G20 this year. The 37-page statement includes a section on the policy and regulation of digital assets and central bank digital currencies (CBDCs). Regulation of Digital Assets...

Impact of Cryptocurrencies on Monetary Policy: A Joint Analysis by the (IMF) and (FSB) for the Group of Twenty (G20)

A joint study conducted by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) highlights the impact of cryptocurrencies on monetary policy, emphasizing that a blanket ban on these currencies may not be the optimal solution. Analysis: Impact on Monetary Policy and Financial...

Economists call for increased focus on digital currencies instead of banning them

The International Monetary Fund (IMF) published an article on Thursday titled "Increasing Central Bank Digital Currencies in Latin America and the Caribbean as Digital Currency Usage Differs." Economists pointed out that Brazil, Argentina, Colombia, and Ecuador are among the top twenty countries in terms...

IMF Issues Guidelines for Developing Effective Crypto Policies

Digital currencies have become one of the most important digital assets in the world today, allowing users to exchange money quickly and securely online. However, digital currencies are volatile and susceptible to manipulation, exposing investors to high risks. For this reason, governments and international...