The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank.
According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’
Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF’s Tommaso Mancini-Griffoli.
Libra’s revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.
An IMF official is concerned that central banks may be rushing to develop blockchain systems without properly vetting the technology first
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
This week’s news from Japan includes heightened interest from Binance, a new working group on security tokens, and more