According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development.
Read moreCentral banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
Read moreBIS distances from Project mBridge amid BRICS sanctions concerns
Economic sanctions have a profound effect on international financial architecture, it turns out.
Read moreBitcoin Potential For Monetary Policy Sparks Growing Interest Among Central Banks
Bitcoin, the world’s top cryptocurrency, is designed to act as a money or payment option outside anyone’s control. Using the crypto, which is decentralized and
Read more'The Case for Bitcoin as a Reserve Asset' — Bitcoin Policy Institute
According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.
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Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings.
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