Tag: world bank

Oct 28 2021

The IMF Hates Bitcoin Because It Loves Total Control

The IMF hates Bitcoin because its decentralized protocol and programmatic monetary policy defies the control the fund wants to implement on us all.The International Monetary Fund (IMF), along with a string of other financial institutions, really does not like Bitcoin. So, let’s do the usual, thinking through what the IMF is and why it even matters.What Is The IMF?The IMF...

Aug 25 2021

Central American Bank For Economic Integration Bullish On Bukele’s Bitcoin Bet

As September 7th approaches, all the participants raise their heads. The Central American Bank For Economic Integration sat down with Reuters to discuss...

Jul 30 2021

Aljazeera Vs. El Salvador’s Bitcoin Law: The Good, The Bad, And The Ugly

It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. Aljazeera gives you the good and the bad. They’re still confused about a few concepts, but...

Jul 12 2021

World Bank, IMF Advocate For CBDC Adoption At G20

Jul 12 2021 Published at Bitcoinist.com under tags  bis cbdc imf world bank

On Friday, the International Monetary Fund (IMF) and the World Bank argued for the cross-border benefits of central bank-issued digital currencies (CBDC), claiming that projects like the United States' digital dollar would aid global development. World Bank And IMF Support CBDC Together with the Bank for International Settlements (BIS), the two global organisations...

Jul 09 2021

Jun 20 2021

Top Crypto News: 06/19

The crypto space has seen some interesting developments today. Bitcoin is currently up 0.8% and is trading at $35,685. Meanwhile, Ethereum is down 0.2% over the last 24 hours and is trading at $...

Jun 17 2021

World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”

Jun 17 2021 Published at Bitcoin Magazine under tags  business el salvador world bank

Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard.As reported by Reuters, the World Bank has responded negatively to El Salvador's request for help in fully implementing bitcoin as legal tender in...

World Bank Turns Down El Salvador’s Request To Help Implement Bitcoin As Legal Tender

Jun 17 2021 Published at Bitcoinist.com under tags  bitcoin btc el salvador imf world bank

The world bank has revealed that it has refused to assist El Salvador with the implementation of Bitcoin as legal tender. World Bank Turn Down Request Salvadoran Finance Minister Alejandro Zelaya stated earlier on Wednesday that the Central American country had sought technical assistance from the Bank in order to use bitcoin as a parallel legal tender to the US dollar. On Wednesday,...

World Bank Denies Any Help to El Salvador for Bitcoin (BTC) Implementation

After the IMF raised concerns about El Salvador adopting Bitcoin...

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