S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
World Bank News
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A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.
6225Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
73The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
5114The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.
17616Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation.
4779Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus.
7187The world’s largest development bank, the World Bank Group, has issued a new report on payment aspects of financial inclusion in the fintech era.
5346How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development?
2556The World Bank used a blockchain to raise over $33 million for its Kangaroo bond.
3453Crypto remittance on the rise as fintech companies increasingly leverage crypto and blockchain to capture the international payments market.
31531A three-way partnership saw secondary market trading go live, which participants say marks a world first.
3603As the IMF and the bosses of central banks gather to talk digital money, concerns of stability and institutional trust dominate the discussion.
5104The IMF and the World Bank have launched a private blockchain and a quasi-coin to learn more about the technology.
19108The World Bank has joined the increasing list of entities skeptical over the technology’s potential impact.
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