Three countries are keen to issue Bitcoin bonds as they seek IMF approval
- Bitcoin bonds are desired by Afghanistan, Tunisia and Uzbekistan for issuance, which they believe will help sectors in their respective economies.
- Last month Christine Lagarde issued her great caution once again regarding digital assets.
Afghanistan, Tunisia and Uzbekistan have said to the IMF about their desires to issue Bitcoin bonds. It was reported by Asian Times, citing recent statements from this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC.
The three countries are actively looking at the possibility of issuing a Bitcoin bond, their intentions are in hope to help out critical sectors of respective economies. The approaches from each country may not gain much support from the IMF given their caution expressed earlier this month.
In March, managing director Christine Lagarde once again as she has in the past, called for great caution regarding digital assets. The first step she noted for a move into the sector however would be supervised testing as an initial potential starting point.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
