Cryptocurrencies registered significant global growth during 2021 and international organizations, as well as countries, carried out various actions to promote the regulatory process for the use of cryptocurrencies. Latin American countries made significant progress.
One of the most important…
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IMF
IMF raises principles to regulate cryptocurrencies
The International Monetary Fund (IMF) considers it essential to create a regulatory framework for cryptocurrencies. That is why he published on his official blog some considerations that can serve as a reference to establish laws and…
El Salvador is heading towards economic recovery
Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas…
The IMF will seek to simplify EU tax regulations
The International Monetary Fund (IMF) expressed its support for a reform of the fiscal rules of the European Union that contributes to reducing their complexity and overlap with national regulations, thus facilitating compliance with them.…
Economic growth in Latin America will be 6.3 %
The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…
IMF proposes global standards for CBDC
The International Monetary Fund (IMF) recently published a series of regulations that are aimed at emerging markets and developing economies in terms of cryptocurrency adoption.
The IMF believes in the potential of digital assets as a tool…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
IMF proposes to do a surveillance against cryptocurrencies
The International Monetary Fund (IMF) called for intensifying supervision over digital currencies in order to create a "comprehensive and far-reaching transition" to a digitized economy.
"Rapid technological innovation is ushering in a new…
IMF will maintain 6 % global growth forecast for 2021
Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin…
IMF will meet with authorities of El Salvador
The International Monetary Fund (IMF) announced that it will hold a meeting with the authorities of El Salvador to discuss the new economic policy, which would accept bitcoin as legal tender.
According to the IMF spokesman, Gerry Rice,…
IMF launches global vaccination proposal
The International Monetary Fund (IMF) prepared a proposal that consists of having 50,000 million dollars to apply a mass vaccination plan against Covid-19 for the world.
The organism's goal is to have 40 % of the world's population…
IMF allocation to Honduras will increase
The International Monetary Fund (IMF) and Honduras reached an agreement at a technical level on the fourth review of the Economic Program under the Credit Facility Agreement (Stand-By), by which it will be proposed to increase the level of…