News list for "Imf"
The International monetary fund (IMF) has recommended that Kenya create a clear and predictable regulatory environment for the cryptocurrency market to protect consumers and address anti-money laundering (AML) and counter-terrorism financing (CFT) related risks. The IMF noted that Kenya's current reliance on outdated regulations in traditional markets and the lack of legally binding regulation of the crypto market have led to an increase in crypto-related fraud and criminal activity. The IMF rec...
El Salvador this week reached a tentative agreement with the international monetary fund (IMF) to obtain a loan of around $1.40 billion under the new arrangement of the international monetary fund's medium-term lending facility. According to Bitcoin Magazine forwarding market data, El Salvador has bought 25 BTC worth more than $2.40 million since receiving the IMF loan.
International monetary fund (IMF) Kozak said it declined to comment on Trump's U.S. strategic bitcoin reserve plan and would conduct a full review when the policy is implemented.
International monetary fund (IMF) spokesperson Kozak said when asked about bitcoin's legal tender status in El Salvador that the use of bitcoin will be voluntary. He also said that the U.S. labor market is cooling and inflation is higher than expected, but inflation is trending towards the 2% target. As uncertainty about the U.S. economic outlook remains high, the Federal Reserve needs to adjust the pace and magnitude of interest rate cuts based on upcoming data.
IMF First Deputy Managing Director Gopinath: About 40% of global employment will be at risk from artificial intelligence, of which 20% could benefit and another 20% could be replaced. In advanced economies, the risk of being affected by artificial intelligence could be as high as 60%, while emerging markets and developing countries are less at risk.
Julie Kozack, spokeswoman for the international monetary fund, said it was "too early" to speculate on the potential impact of US President-elect Donald Trump's tax cuts and other policies after seeing details of them. Speaking at her first regular press conference since the November 5 election, Kozack said Trump's economic plan was not yet in shape, given that he will take office on January 20, 2025. "To a large extent, the exact impact of these policies will depend on the details, which is why...
According to Reuters, the head of the international monetary fund (IMF), Kristalina Georgieva, warned on the 24th that the world is in danger of falling into a low-growth, high-debt path, which will reduce the resources that governments can use to improve opportunities for their people, tackle climate change and other challenges. The upcoming US Presidential Election on November 5 has raised concerns that Americans, who have been stimulated by high inflation during the administration of Democrat...
IMF Managing Director Georgieva said the economy was showing resilience. Inflation was falling and the achievement did not pose a risk of recession.
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