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World Bank Blockchain Bond Debut – Why It’s A Pivotal Moment For Digital Assets
The World Bank International Bank for Reconstruction and Development (IBRD) has taken a pioneering stride in the realm of blockchain and digital finance, spearheading a groundbreaking €100 million digitally native note (DNN) issuance. дальше »
2023-10-25 10:00
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Euroclear and World Bank collaborate on €100 million digital bond issuance via blockchain
Euroclear has joined forces with the World Bank to unveil a novel tokenized securities issuance service, marked by a €100 million digital bond issuance, aiming to integrate DeFi technology into TradFi services and enhance efficiency, transparency, and accessibility. дальше »
2023-10-25 22:27
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Saudi Central Bank urges IMF to address crypto-related risks
The IMF Annual Meetings, which concluded on Oct. 15, put forward a roadmap to address "risks related to crypto currencies." дальше »
2023-10-16 23:34
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US exempts World Bank’s IDA from SEC regulations
The U.S. has excluded the World Bank's International Development Association (IDA) from the requirements of the Securities Exchange Act of 1934 and the Securities Act of 1933. дальше »
2023-4-18 21:28
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Crypto Healing: Why Mounting Jitters Of A Recession May Hamper Crypto Market’s Recovery
The crypto market has been on a roll recently as it rallied with Bitcoin and Ethereum leading the charge. As a result of this, total market capitalization rose by 14% since the start of the year. With stocks being highly correlated with digital currencies, a worsening macroeconomic situation would be devastating for the broader financial […] дальше »
2023-1-12 16:40
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Morocco to Begin Talks With IMF, World Bank on Regulating Crypto
Morocco is building out a regulatory framework for crypto with the help of established industry players. The post Morocco to Begin Talks With IMF, World Bank on Regulating Crypto appeared first on BeInCrypto. дальше »
2022-6-29 20:15
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These Senator’s ACES Act Allows The U.S. To Meddle In El Salvador’s Business
Everything surrounding the ACES act is almost comedic. U. S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act. дальше »
2022-2-17 11:33
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El Salvador's credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating. дальше »
2021-9-17 06:21
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Central American Bank For Economic Integration Bullish On Bukele’s Bitcoin Bet
As September 7th approaches, all the participants raise their heads. The Central American Bank For Economic Integration sat down with Reuters to discuss El Salvador’s Bitcoin Law. Carlos Sanchez, Central American Bank For Economic Integration’s head of investments, is optimistic about the organization’s assistance. дальше »
2021-8-25 16:13
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Aljazeera Vs. El Salvador’s Bitcoin Law: The Good, The Bad, And The Ugly
It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. дальше »
2021-7-30 15:09
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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. дальше »
2021-7-18 20:30
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Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. дальше »
2021-7-10 01:00
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US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U. S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U. S. has urged El Salvador to be responsible with the country’s new bitcoin law. дальше »
2021-7-3 03:30
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Nigerian Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30
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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »
2021-6-22 14:30
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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans
The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender. World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »
2021-6-17 19:00
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World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”
Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard. дальше »
2021-6-17 18:11
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World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation
The bank’s refusal to offer technical assistance has been pegged down on issues of… The post World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation appeared first on Coin Journal. дальше »
2021-6-18 17:49
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World Bank Denies El Salvador Assistance With Bitcoin Implementation
In an email sent on Wednesday, the World Bank said it cannot provide any assistance to El Salvador as the country implements bitcoin as legal tender. The post World Bank Denies El Salvador Assistance With Bitcoin Implementation appeared first on BeInCrypto. дальше »
2021-6-17 12:56
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Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation
The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar. дальше »
2021-5-28 11:30
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Former US Treasury Secretary Larry Summers Says Cryptocurrency Is Here to Stay as Digital Gold
Former U. S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments. дальше »
2021-5-24 19:00
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Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419. 75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411. дальше »
2021-5-17 16:30
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Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
According to a new report, the depreciation of some currencies against the U. S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7. дальше »
2020-11-10 13:15
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Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy. дальше »
2020-9-18 00:15
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Major Energy Firm to Reduce Carbon Waste via Bitcoin Mining
One of the planet’s largest energy companies aims to reduce its carbon emissions by partnering with Crusoe Energy Solutions. Equinor will sell electricity generated from waste natural gas to Crusoe who will use it to mine Bitcoin. дальше »
2020-8-29 21:42
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Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
Crisis laden Argentina saw bitcoin transactions worth $1. 4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0. дальше »
2020-7-9 05:45
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G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. дальше »
2020-4-16 07:30
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Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. дальше »
2020-1-10 12:45
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Buffett Indicator Crosses Danger Zone for Global Stock Market
The last time global stock values were this high relative to global GDP was 2007. The World Bank just warned of an unprecedented debt bubble. The post Buffett Indicator Crosses Danger Zone for Global Stock Market appeared first on CCN.com дальше »
2020-1-10 09:39
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Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. дальше »
2019-10-21 13:15
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IMF To Warn Central Banks That Payment Narratives are Shifting Away From Them
Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power. дальше »
2019-10-18 22:00
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Santander Makes History Solely Settling a $20M Bond Trade on Ethereum Blockchain
Coinspeaker Santander Makes History Solely Settling a $20M Bond Trade on Ethereum BlockchainUsing a token on Ethereum to represent the $20 million debt issuance, Santander settled both sides of a bond trade with another set of ERC-20 tokens representing cash held in a custody account. дальше »
2019-9-12 12:26
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World Bank Raises Additional AUD $50M Via Blockchain Bond
Blockchain proves once again that it is a must-have technology for financial institutions at all levels. Last week, the World Bank raised an additional AUD 50 million ($33. 8 million) through its blockchain-based Kangaroo bond, called bond-i. дальше »
2019-8-22 23:00
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World Bank and CBA Trumpeting Success Recording ‘World First’ Blockchain Bond Trading
Coinspeaker World Bank and CBA Trumpeting Success Recording ‘World First’ Blockchain Bond TradingThe World Bank and Commonwealth Bank of Australia (CBA) achieved success in recording secondary market bond trading through blockchain technology. дальше »
2019-5-16 15:34
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Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border Payments
Coinspeaker Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border PaymentsThe Bank of Canada and the Monetary Authority of Singapore (MAS) have announced successfully conducted transfers of central bank-backed cryptos using blockchain. дальше »
2019-5-2 19:21
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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%
Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […] The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News. дальше »
2019-4-23 12:30
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Breaking: World Bank Launches Learning Coin For Its In-House Purposes
The International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token on… The post Breaking: World Bank Launches Learning Coin For Its In-House Purposes appeared first on Invest In Blockchain. дальше »
2019-4-16 11:19
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IMF and World Bank to Study Crypto with Native Token
The International Monetary Fund (IMF) and the World Bank are working to close the knowledge gap that exists regarding blockchain in the financial world by creating their own quasi-cryptocurrency called the Learning Coin, announced April 13, 2019. дальше »
2019-4-15 16:00
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IMF and World Bank Launch Educational Blockchain Token
The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech. дальше »
2019-4-15 12:00
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IMF and World Bank Rolled Out Quasi ‘Learning Coin’
Coinspeaker IMF and World Bank Rolled Out Quasi ‘Learning Coin’IMF joins the World Bank to launch their own quasi-cryptocurrency. Despite Learning Coin does not hold any monetary value, it's expected to facilitate a better understanding of the technologies underlying crypto assets. дальше »
2019-4-15 11:48
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IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech
The International Monetary Fund and the World Bank have launched a private blockchain and a quasi-cryptocurrency to learn more about the technology
дальше »2019-4-15 14:03
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Blockchain Does Not Always Live Up To Hype, Says World Bank Official
Contrary to the belief of the nascent blockchain industry and that of the present buzz around the technology, blockchain is not the solution to all problems according to a World Bank official at the 20th Annual Conference on Land and Poverty, as reported by Reuters, March 27, 2019. Talking Points No single technology is universallyRead More дальше »
2019-3-28 20:00
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Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse
With a population of just 3.7 million, this nation is second only to China in crypto mining
дальше »2019-3-25 14:53
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New Remittances System to Tackle Crypto Volatility When International Payments Are Made
Despite being slow and expensive, international remittances hit high records in 2017. A fintech company says crypto can deliver much-needed improvements #SPONSORED
дальше »2018-12-26 06:00
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World Bank Group Chief Says Blockchain Has ‘Huge Potential’ After Bond Success
The president of the World Bank has said Blockchain holds “huge potential” and that “embracing technology” is essential to it meeting its aims. Kim: World Bank ‘Not Keeping Up’ Speaking at the joint annual meetings event with the International Monetary Fund (IMF) this week, World Bank president Jim Yong Kim mentioned both cryptocurrency and distributed-ledger technology (DLT) within the context of Blockchain. дальше »
2018-10-12 05:00
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A Third of Humanity Remains Financially Excluded
Unrestricted access to financial services is one of the main preconditions for achieving economic freedom. However, large portions of the planet’s population, especially in the developing world, remain excluded from the traditional banking system. дальше »
2018-9-19 20:55
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The Increasing Demand for Blockchain Bonds
Both governments and banks from around the world are testing and implementing blockchain bond programs. How do these bonds differ from traditional bonds, and how can they change the future of finance? The post The Increasing Demand for Blockchain Bonds appeared first on CoinCentral. дальше »
2018-9-15 23:20
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Australia Announces Plans to Develop a National Blockchain Platform
Australia’s journey to becoming a blockchain hub has continued to gather pace. In its latest venture, tech giant IBM and Australian law firm Herbert Smith Freehills have joined forces to form a blockchain consortium with the Commonwealth Scientific and Industrial Research Organization (CSIRO). дальше »
2018-9-1 16:00
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World Bank Blockchain bond Exceeds Expectation, Raises $80 Million
The World Bank has announced that the Commonwealth Bank of Australia (CBA)-backed blockchain bond has raised more than $80 million. This figure means that the first-ever blockchain bond has exceeded its fundraising expectation. дальше »
2018-8-25 21:31
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BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon
Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon: BTCManager’s Week in Review August 13 The price of bitcoin dropped by almost ten percent week-on-week, continuing last week’s decline, suggesting that we may not have seen the bottom of this year’s bear market yet. дальше »
2018-8-13 18:00
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