Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent
Read more
IMF staff propose REDI framework to catalyze CBDC adoption
IMF staff members introduced a high-level four stage framework, emphasizing regulation, education, design, and incentives to enhance CBDC adoption.
Read more41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.
Read more
Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank
Read more
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in
Read more
BIS Survey: 94% of Central Banks Exploring Digital Currency
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a
Read more