Key Takeaways El Salvador has not made any new Bitcoin purchases since December 2024, according to a report published Tuesday by the International Monetary Fund (IMF). The update follows months of speculation over whether the country was continuing to accumulate…
Key Takeaways El Salvador has once again increased its Bitcoin reserves, purchasing 12 Bitcoin in two transactions over two days. According to the National Bitcoin Office (ONBTC), the country acquired 11 Bitcoin on January 19, followed by one more on…
Key Takeaways The International Monetary Fund (IMF) has urged Kenya to establish a clear regulatory framework for the crypto market, aimed at protecting consumers and addressing risks related to money laundering and terrorism financing. In a report published on January…
Key Takeaways El Salvador has announced plans to continue purchasing the cryptocurrency, potentially at an accelerated pace, following a $1.4 billion financing deal with the International Monetary Fund (IMF). The National Bitcoin Office of El Salvador confirmed on Dec. 19…
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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)…
The G20, European, and African Union unanimously accepted the G20 Finance Ministers and Central Bank Governors Communique.
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…
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