IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments

The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. Their report... Read more »

How the Sports World is Embracing Crypto

Key Takeaways Crypto has seen fast adoption throughout the sports world. High-profile sponsorships are giving crypto companies mainstream exposure. Crypto assets like NFTs and fan tokens are creating new value for sports... Read more »

BIS, IMF, World Bank Planning for Interoperable CBDCs

Share this article A joint committee of the BIS Innovation Hub, the International Monetary Fund (IMF), and the World Bank has proposed keeping interoperability in mind while designing central bank digital currencies... Read more »

Trust is still a must in the trustless world of cryptocurrency

As established by Satoshi Nakamoto’s Bitcoin (BTC) whitepaper, the core of cryptocurrency is a peer-to-peer electronic cash system that eliminates the need for intermediaries like banks. This spirited independence and scoffing at... Read more »

World Bank Denies El Salvador Help With Bitcoin Plans

Key Takeaways The World Bank has denied El Salvador’s request for technical assistance in adopting Bitcoin due to environmental and transparency concerns.. President Nayib Bukele asked the World Bank for help in... Read more »

World Bank wants no part in El Salvador’s Bitcoin revolution

The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The Central American country made history last week as it... Read more »