IMF

El Salvador to Roll Back Bitcoin Project Under IMF Agreement
El Salvador to Roll Back Bitcoin Project Under IMF Agreement
December 19, 2024  |  Cryptocurrency

The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a...

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IMF Lays Out 5-Point AI Regulation Action Plan
IMF Lays Out 5-Point AI Regulation Action Plan
January 22, 2024  |  Artificial Intelligence

2023 saw governments around the world grapple with the commercial emergence of artificial intelligence (AI).  From the White House’s Executive Order on the Safe, Secure, and Trustworthy Development and...

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IMF Says AI Could Impact 60% of Jobs in Advanced Economies
IMF Says AI Could Impact 60% of Jobs in Advanced Economies
January 15, 2024  |  artificial intelligence

The impact of artificial intelligence (AI) on employment will be especially great in advanced economies, according to the International Monetary Fund (IMF). Overall, among economies of all...

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IMF, World Bank and BIS Collaborating on Uses of Tokenization
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023  |  Payments Innovation

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. This collaboration aims to leverage tokenization...

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Global Trade Faces Slowdown as Economic Growth Weakens
Global Trade Faces Slowdown as Economic Growth Weakens
August 09, 2023  |  Economy

The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with...

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Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. The project will happen on the country’s SIX digital exchange, Swiss National Bank...

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IMF Director: 10 Central Banks ‘Crossing the Finish Line’ on CBDC
IMF Director: 10 Central Banks ‘Crossing the Finish Line’ on CBDC
June 19, 2023  |  CBDC

The International Monetary Fund (IMF) is working on a worldwide central bank digital currency (CBDC) infrastructure. That platform would allow for interoperability of CBDC settlements and...

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Regional Banks Could Face Global Regulations Following Crisis
Regional Banks Could Face Global Regulations Following Crisis
April 17, 2023  |  Bank Regulation

Smaller banks could face tougher global regulations in the wake of last month’s banking crisis. That’s according to a report Monday (April 17) by the...

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IMF Lowers Forecast for Global Economic Growth After Banking Crises
IMF Lowers Forecast for Global Economic Growth After Banking Crises
April 11, 2023  |  Economy

Lingering effects of the pandemic and new pressures from banking crises are impacting economic growth. The International Monetary Fund (IMF) has lowered its baseline forecast...

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