Is the IMF Right to Worry? The Rise of Crypto in a Cashless World

The third semi-annual review of the 2023-2026 agreement, initiated by the mission of the International Monetary Fund (IMF) on March 31, finds a list of outstanding tasks, although economic experts predict that Honduras will pass the review, which in the fund will be more indebted to the country.The entry Improving transparency, the pending fulfilment of the IMF was first published in the Digital Process.

Is the IMF Right to Worry? The Rise of Crypto in a Cashless World

Cryptocurrencies are gaining traction in the global payment system as foreigners diversify out of dollars from escalating trade wars led by US President Donald Trump.The International Monetary Fund is therefore worried about the consequences of digital assets gaining payment status in the world's increasing multipolar monetary system.In a white paper titled "Could Digital Currencies Lead to the Disappearance of Cash from the Market?" the IMF jus…