Key Takeaways The International Monetary Fund (IMF) has advised Nigeria to tighten regulations on global cryptocurrency platforms operating within its borders. Following a thorough review known as the 2024 Article IV consultation, the IMF has emphasized the urgent need for…
Key Takeaways The International Monetary Fund (IMF) has made significant recommendations for tax reforms in Pakistan, aiming to enhance revenue generation and stabilize the economy amidst multifaceted challenges. Among these proposals is the expansion of the Capital Gains Tax (CGT)…
Key Takeaways A groundbreaking global framework for cryptocurrency regulation is taking shape as the International Monetary Fund (IMF) and the Financial Stability Board (FSB) release a joint synthesis paper. Prepared at the request of the Indian G20 Presidency, the paper…
Key takeaways: Central Bank Digital Currencies (CBDCs) have been gaining traction worldwide as nations explore the potential benefits of digitising their national currencies. In a groundbreaking move, the International Monetary Fund (IMF) has recently announced its plans to develop a…
Key Takeaways: IMF managing director pleads to not ban crypto after the recent debacle. The Chief has also expressed her concerns and has made suggestions to strengthen the stability of stablecoins. The fall of Luna was one of its kind…
Key Takeaways: The IMF accidentally advertised for Bitcoin by warning that countries could monetize their energy directly by mining Bitcoins. The IMF warned that the increase in usage of Bitcoin and “crypto” could put the global financial system at risk.…
In recent times, the world has witnessed a surreal opposition of bitcoin from the international monetary fund. IMF has been targeting bitcoin as a cause of surging energy costs. According to the IMF, surging energy costs have boosted inflation, especially…
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