El Salvador
Book notes: Easy money, cryptocurrency, casino capitalism, and the golden age of fraud, Ben McKenzie with Jacob Silverman
Casts light on how shady crypto characters defraud consumers but offers little on how to control them
IMF officials: do not make crypto legal tender
Fund leaders call for cautious approach to digital assets at February meeting
Taking a cue from the top: governor turnover and independence
Central bank governors tend to have long tenures, but what that means can vary. High turnover remains a worrisome signal
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
El Salvador congress approves use of SDRs for early debt repayment
Talks with IMF stalled as country tackles $24 billion debt load
Central African Republic makes cryptocurrency legal tender
War-torn state is second country to give crypto official status, after El Salvador
Honduras central bank warns on bitcoin again
Central American country will not follow El Salvador in making bitcoin legal tender, BCH says
IMF warns El Salvador on crypto
Executive board recommends “removing bitcoin’s legal tender status”
People: BoE and Sama governors appointed to chair FSB committees
IMF’s Georgieva nominates new CIO; former El Salvador governor dies
Crypto asset transactions hit ‘macro critical levels’ – IMF GFSR
Crypto valuations “already systemic” in “many countries”, international rules "probably some time away", says IMF’s Adrian
Bitcoin becomes legal tender in El Salvador
Observers warn move could further destabilise the fragile Salvadoran economy
El Salvador’s bitcoin currency experiment
Move by first nation to approve bitcoin as legal tender raises important issues
El Salvador to make bitcoin legal tender
President claims the move, a first for any country, will aid remittances and financial inclusion
El Salvador extends executive control over central bank
Changes exclude employers’ association from nominations and expand grounds for dismissal
People: deputies appointed in China and El Salvador
New MPC member in Turkey; former RBI governor dies; and more
Fears rise over breakdown in Basel and IFRS standards
Bretton Woods institutions worried about growing divergence in capital and accounting standards as credit impairment tsunami looms; US and many emerging economies skirting the rules
El Salvador central bank chief quits after five months
President asked Carlos Federico Paredes to step down due to ongoing accusations of real estate scam
El Salvador appoints new central bank chief
Seasoned civil servant Carlos Federico Paredes appointed by new political outsider president
El Salvador central bank launches statistics app
Central bank says app designed to improve accessibility of economic data
People: Stanley Fischer joins BlackRock in advisory role
Veteran central banker moves back to private sector; Jamaica begins search for new governor; El Salvador governor assumes presidency of regional council
El Salvador governor highlights benefits of increasing minimum wage
New minimum wage legislation will improve the living standards of 19.9% of households, says El Salvador governor; raise will also have positive impact on total economic growth