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Article by Steve Kaaru

Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
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17 April, 2024

Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS

In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented...
Stablecoins gaining traction in cross-border payments: Report
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16 April, 2024

Stablecoins gaining traction in cross-border payments: Report

The Bernstein report notes that payment giants like Visa and PayPal and regional fintech firms are increasingly using stablecoins to...
Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
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16 April, 2024

Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia

Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals and businesses...
Consumers must be notified of AI-generated content under Pennsylvania’s new bill
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15 April, 2024

Consumers must be notified of AI-generated content under Pennsylvania’s new bill

The new bill passed with a 146-54 vote but is opposed by tech giants and a local business lobby group...
World Bank exploring Swiss franc digital bond settling in wholesale CBDC
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15 April, 2024

World Bank exploring Swiss franc digital bond settling in wholesale CBDC

Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s...
Zimbabwe launches new gold-backed currency, but age-old challenges remain
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12 April, 2024

Zimbabwe launches new gold-backed currency, but age-old challenges remain

It was the U.S. dollar and South African rand, and then Zimbabwe switched to a USD-backed bond note, then the...

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