South Africa Plans to Embrace Digital Payments and Blockchain for Greater Financial Inclusion
South Africa’s latest annual budget unveils a strategic plan by the treasury to enhance digital payment adoption. This initiative includes a thorough evaluation of stablecoins and blockchain technology, aiming to enrich the lives of marginalized communities. The 2024 budget review underscores the urgency of structural reforms and the improvement of public financial management, with a […]
Challenges and Prospects for BRICS Common Currency: Insights from Bank of Russia’s Governor
Unraveling BRICS Common Currency Challenges & Prospects: Bank of Russia’s Insights. Explore economic comparisons & complexities in this financial landscape.
CBDCs on the horizon: The current state of CBDC initiatives around the world
Source: Cointelegraph Central bank digital currencies (CBDCs) have long been a topic of contested discussion, having often been met with a predominantly negative response in the crypto community. However, despite the skepticism, CBDCs undeniably serve as a significant use case for blockchain technology. BDCs distributed through blockchain technology can provide cheaper, faster and possibly more […]
South Africa’s central bank wants to regulate cryptos, possibly issue a CBDC
Source: Seeking Alpha South Africa’s central bank is seeking to regulate cryptocurrencies and possibly issue a central bank digital currency at a time when the decentralized space is getting increasingly scrutinized by regulators across the globe. For crypto, “Our view has changed and we now regard it as a financial asset and we hope to regulate […]
Using CBDCs across borders: lessons from practical experiments
Project Khokha 2: New Report
Project Dunbar: BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements
Unlocking $120 Billion Value In Cross-Border Payments: How banks can leverage central bank digital currencies for corporates
Project Dunbar: international settlements using multi-CBDCs
Central bank digital currency: the quest for minimally invasive technology
