The International Monetary Fund (IMF) has warned that although the adoption of tokenized finance brings many efficiency and speed benefits, some of its features could also result in financial instability for the markets. Tokenized Real-world assets (RWAs) also continue to grow rapidly, with the industry being worth roughly $27.5 billion as of early April. Tokenization […]
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending approval by the IMF’s Executive Board and is dependent on the implementation of agreed-upon conditions. Progress and Fiscal Reforms According to a joint statement from […]
After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan […]