Global Recession Is Coming, Warns IMF Chief – What Is Means for Cryptocurrency Market
Kristalina Georgieva is the managing director of IMF and has been so since 2019. Ms Georgieva is the first Bulgarian to lead the IMF.
IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like recession for hundreds of millions of people,” said IMF chief Kristalina Georgieva.
Data Available on Crypto Is Misleading, Says Rbi Deputy Governor T Rabi Shankar
The Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Saturday called data available on cryptocurrency misleading and said that rules relating to such digital currencies must be made based on clear understanding of what they (digital currencies) are and how they work.The RBI had said that the central bank digital currency (CBDC), or the e-rupee, will be as anonymous ..
International Monetary Fund Calls for Tighter Crypto Regulation in Africa As the Industry Unfolds
The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog <a href="https://www.imf.org/en/Blogs/Articles/2022/11/22/africas-growing-crypto-market-needs-better-regulations" target="_blank">reported</a> on Nov. 22.
