IMF, World Bank launch the Bali Fintech Agenda

IMF, World Bank launch the Bali Fintech Agenda

The International Monetary Fund and the World Bank jointly released a paper intended to guide policymakers around the world in their handling of the rise of fintech. Yen Nee Lee on CNBC website explains that the agenda was launched in Bali, where the IMF and the World...
India may launch its own cryptocurrency

India may launch its own cryptocurrency

“We are evaluating the government-backed cryptocurrency and crypto-token,” said a senior government official privy. The same strategy is also applied to the technology on which cryptocurrencies are based: “And we are looking to develop and encourage our own research...
Bitcoin, October could be the decisive month

Bitcoin, October could be the decisive month

The International Monetary Fund (IMF) downgraded the world economic growth outlook, by spurring risk-off trading across the globe. This pushed Bitcoin to a high of $6,656. Naeem Aslam on Forbes explains that Bitcoin needs some sort of a blessing to revitalise the...
Cryptocurrency, a necessary regulation

Cryptocurrency, a necessary regulation

Cryptocurrencies are effectively unlegislated right now in the United States – a new technology without an overarching framework of how to address the new needs, and innovations it brings. Congress has passed no explicit law defining an overarching view on...