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International Monetary Fund

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
G7 finance ministers renew support for digital asset monitoring, CBDC research
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19 May, 2023

G7 finance ministers renew support for digital asset monitoring, CBDC research

G7 member nations reiterate that CBDCs could play a major role in maintaining a good financial system but, similar to...
Argentina bans digital assets for banks after receiving ‘anti-Crypto’ IMF loan
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9 May, 2023

Argentina bans digital assets for banks after receiving ‘anti-Crypto’ IMF loan

The IMF issued a $45 billion loan in March, which came with the condition that Argentina had to discourage Crypto...
Retail CBDCs could open a can of worms for central banks: IMF director
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6 May, 2023

Retail CBDCs could open a can of worms for central banks: IMF director

Unlike wholesale CBDCs, which can be put in place without significant disruptions, retail CBDCs are more risky and could threaten...
Mauritius to launch CBDC pilot after 3 years’ exploration
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4 May, 2023

Mauritius to launch CBDC pilot after 3 years’ exploration

The CBDC pilot initiative, set in November, will use a two-tier distribution model to avoid a disruption in the financial...