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In: Bitcoin, El Salvador, international Monetary Fund

The Worldwide Financial Fund confirmed that El Salvador is shifting towards promoting its government-run Chivo pockets as a part of a $1.4 billion mortgage settlement. Conflicting reviews exist relating to the nation’s Bitcoin purchases, with the IMF claiming shopping for paused in 2024 whereas the Salvadoran authorities reviews ongoing dayContinue Reading

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In: international Monetary Fund, Stablecoins

The stablecoin market is rising quickly, with USDT and USDC dominating and the entire worth over US$300B (AU$462B). Regulatory frameworks throughout main economies stay fragmented, creating operational and cross-border challenges. The IMF urges robust macroeconomic governance, sturdy establishments, and worldwide coordination to mitigate monetary dangers. The Worldwide Financial Fund (IMF)Continue Reading