The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
A report by PwC shows revealed that funding in Indian startups dipped 40% in Q2, with digital currency startups feeling the most heat as funds dry up.
The PwC Global CBDC Index placed Nigeria and the Bahamas at the top of the retail CBDC developments, with Thailand and Hong Kong leading the wholesale sector.
Sri Lanka’s Cabinet approved the formation of a committee that will study digital assets, blockchain technology, digital banking and block reward mining.
PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
PriceWaterhouseCoopers (PwC), one of the quartet that make up the world’s “big four” auditing firms, is ready to take its blockchain and cryptocurrency involvement to a new level.