Cryptocurrency

IMF Works on Global Platform for Central Bank Digital Currencies (CBDCs)

The International Monetary Fund (IMF) is reportedly developing a global platform for cross-border transactions involving central bank digital currencies (CBDCs), according to Reuters. IMF Managing Director Kristalina Georgieva emphasized the need for CBDCs to go beyond fragmented national offerings. She stated, “To have more efficient and fair transactions, we need …

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European Commission Set to Unveil Legislation for Digital Euro

The European Commission is on the verge of presenting groundbreaking legislation for the digital euro, marking a significant milestone in the European Union’s journey towards a digitalized financial landscape. After briefly being removed from the executive’s agenda, the digital euro has made a triumphant return, with Commissioner Mairead McGuinness spearheading …

European Commission Set to Unveil Legislation for Digital Euro Read More »

European Commission Set to Unveil Legislation for Digital Euro

The European Commission is on the verge of presenting groundbreaking legislation for the digital euro, marking a significant milestone in the European Union’s journey towards a digitalized financial landscape. After briefly being removed from the executive’s agenda, the digital euro has made a triumphant return, with Commissioner Mairead McGuinness spearheading …

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