
Finance
IMF’s work on CBDCs and digital currencies is straining its budget
The IMF has suggested it may reduce its output frequency, provide lighter analysis and give general policy advice, adding that...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
Italy to increase oversight of digital asset market
The policy, moving Italy further towards the standards laid out by MiCA, also designates Italy's central bank and market watchdog,...
National Australia Bank kills off stablecoin project
NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, but...
DLT importance shoots up in 2024, but public blockchains’ market share dips: report
The report by ISSA revealed that the strategic importance of distributed ledger technology has increased by 9% in 2024, with...
Iran launches retail CBDC pilot on Kish Island ‘free zone’
The CBDC trial will take place on the island of Kish, where the ‘digital rial’ will be available to banking...