By Emir Abyazov Key highlights: The International Monetary Fund confirmed that negotiations to sell El Salvador’s state-owned Chivo wallet are well advanced. Despite IMF conditions, President Nayib Bukele insists El Salvador will continue buying Bitcoin as part of its long-term strategy. The dispute highlights growing tension between international lenders and countries experimenting with cryptocurrency-based policies. […]
Tag: IMF
By Emir Abyazov The change in the U.S. government is dramatically reshaping cryptocurrency regulation. According to the Securities and Exchange Commission (SEC), nearly 60% of recent enforcement cases have targeted crypto companies. At the same time, a growing number of these cases have been rejected or stopped, marking a sharp departure from the aggressive posture […]
By Emir Abyazov Key highlights: IMF warns stablecoins may shift entire nations away from local currencies. New data shows stablecoin growth outpacing global financial safeguards. Dollar-backed stablecoins could reshape fragile economies. The International Monetary Fund (IMF) has raised fresh concerns that stablecoins could accelerate currency substitution in countries with weak monetary systems, potentially undermining central […]