While central banks are exploring the possibility of developing a digital currency, only 23% of them may be allowed to do so, the IMF said.
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The IMF has predicted that Bitcoin is at greater risk in 2020 as the world is heading in the direction of a major global recession.
The International Monetary Fund (IMF) highlights the pros and cons of the introduction of a central bank digital currency (CBDC).
Lebanon is to default on a foreign loan payment for the first time in its history as the country struggles with a major financial crisis.
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After the decrease in value of pound and US Dollar, Mark Carney, who is governor in Bank of England says the next reserve could be digital.
The Central Bank of Brazil classifies buying and selling of cryptocurrencies as buying and selling of assets in accordance with the IMF guideline.
Gold built on its steady intraday climb and is currently placed at the top end of its daily trading range, just above the $133i level.
The IMF and the World Bank announced the launch of the "learning coin", which should help to better understand the blockchain and cryptocurrency.