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International Monetary Fund (IMF) Crypto Ecosystem & Financial Stability Challenges Report

15 Dec 2021 1 minute read 0 comments Heath Muchena

The IMF recently published a report titled The Crypto Ecosystem & Financial Stability Challenges Report which looks at: Crypto ecosystem market developments Market capitalization for crypto assets Liquidations of futures and open interest Ri...

Bank of England concerned about El Salvador’s Bitcoin law: "How are we supposed to confiscate your Bitcoin the way we did Iranian Dollars or Venezuelan gold?"

29 Nov 2021 1 minute read 0 comments Kovichni

You know the sad reality is that I'm only just partially joking about their reasons for "concern". Seriously, you have to admit that colonizers being "concerned" about the economic situation of those they oppressed, exploited and colonized for centur...

It has begun; Bitcoin has now more volume than PayPal

26 Nov 2021 1 minute read 0 comments Kovichni

Bitcoin had processed on average 489 billion Dollars per quarter in 2021, overtaking PayPal which on average had 302 billion Dollars. I sincerely wonder how much of that is going through PayPal since as we remember they last year made it possible for...

The IMF is back with warning bells

3 Oct 2021 4 minute read 4 comments I-HODL

  The International Monetary Fund (IMF), the world's financial firefighter, known in some quarters for pummeling flames with streams of water so hard that sometimes those in trouble escape the flames but are drowned by the deluge, is back again, this...

Austerity debt trap dubbed IMF is warning El Salvador against approving Bitcoin as legal tender, JP Morgan warns they might even cancel 1 billion Dollar funding

11 Jun 2021 1 minute read 0 comments Kovichni

Ah yes, fear is in the air for the dinosaurs of money. One could expect this though, they will not go away peacefully or join the monetary revolution, but rather use petty slandering, threats and mafia type exertions which are all actually common too...

The Bretton Woods Agreement

20 Dec 2020 5 minute read 3 comments MintDice.com

In the modern day and age, much of the world’s currencies are based on the US dollar, and therefore fluctuate accordingly. Surprisingly, this wasn’t always the case. In fact, foreign currencies being pegged to the US dollar is sort of a new concept,...

The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings

18 Dec 2020 1 minute read 0 comments Keith Thuerk

The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings   While the world has been digesting the COVID-19 Pandemic the IMF has been busy performing a study on multiple items this year!   So who is the IMF...

IMF calls for a new Bretton Wood moment. Is Bitcoin standard coming?

21 Oct 2020 1 minute read 0 comments Kamend1

Recently my fellow Bulgarian - IMF's chief Kristalina Georgieva visited Bretton Woods and hinted that we need a new Bretton Woods moment to revive and restructure the economic order of the world, or maybe at least the current payment systems.  IMF -...

IMF Calls for New Bretton Woods and Why That's Bullish for Crypto; $XLM, $OCEAN, $THETA, $UMA, $ERD

19 Oct 2020 1 minute read 2 comments Aware1

A few days ago the IMF released a significant video outlining the need for a new Bretton Woods Moment that will redefine the global economic structure for the foreseeable future. The previous Bretton Woods agreement which was signed into being in 19...

Stellar CEO to Discuss Cross-border Payments at IMF Conference

6 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Stellar CEO Denelle Dixon will be one of four panellists discussing cross-border payments at an International Monetary Fund (IMF) conference that will take place on October 19. Dixon will discuss the current pain points of cross-border payments and...