The IMF report finds that Kenya lacks crypto-specific regulations, as existing frameworks under the CMA Act and CBK Act provide limited applicability, which led to market uncertainty and regulatory gaps.…
If the details of IMFâs reforms are anything to go by, bitcoin (BTC) would have been robbed of its legal tender status in El Salvador. However, BTC will remain a…
Since the passing of the bitcoin law in 2021, the IMF has mounted pressure on El Salvador to review it. In a January 2022 statement, the IMF noted, âEfforts to…
Specifically in respect of bitcoin, Kozack explained, âOngoing discussions are focused on policies [and] reforms that can ⊠boost productivity and economic governance addressing risks arising from bitcoin. A key…
The International Monetary Fund (IMF) in February 2023, deliberated on a policy paper, “Elements of Effective Policies for Crypto Assets”.