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World Bank

Blockchain allows migrant workers support their families
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4 September, 2024

Blockchain allows migrant workers support their families

Unlike traditional remittance methods, remittances on the blockchain could help migrant workers send funds regularly to their families with minimal...
World Bank exploring Swiss franc digital bond settling in wholesale CBDC
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15 April, 2024

World Bank exploring Swiss franc digital bond settling in wholesale CBDC

Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s...
BIS tokenization project is 1 of 6 in 2024
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29 January, 2024

BIS tokenization project is 1 of 6 in 2024

The Promissa project, made in collaboration between Bank for International Settlements, the Swiss National Bank, and the World Bank, will...
ICMA reviews risk factors, disclosures in blockchain bond offering documents
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9 December, 2023

ICMA reviews risk factors, disclosures in blockchain bond offering documents

ICMA's report examines risks in blockchain-based bond offerings, highlighting technological, legal, and liquidity challenges, and advocates for improved transparency in...
BIS, World Bank to tokenize promissory notes
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4 December, 2023

BIS, World Bank to tokenize promissory notes

BIS will tokenize promissory notes which still rely on stacks of papers, and while this “isn’t going to revolutionize the...
World Bank turns to blockchain for tokenizing infrastructure process amid regulatory challenges
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21 May, 2023

World Bank turns to blockchain for tokenizing infrastructure process amid regulatory challenges

While tokenization with blockchain offers a wide array of benefits, including promoting transparency, the World Bank insists that numerous challenges...
Pakistan draws up laws in preparation for CBDC launch in 2025
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9 December, 2022

Pakistan draws up laws in preparation for CBDC launch in 2025

Pakistan is set on launching its CBDC by 2025, releasing new guidelines—with help from World Bank—for non-bank entities to aid...
India eyes tech as guiding principle in regulating the digital assets industry
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21 October, 2022

India eyes tech as guiding principle in regulating the digital assets industry

India recognizes the benefits of the digital asset sector but says a tech-driven framework needs to be crafted to ensure...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
India digital currency consultation paper with IMF and World Bank coming soon
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5 June, 2022

India digital currency consultation paper with IMF and World Bank coming soon

The paper is a result of consultations made both with local digital currency industry key players and international organizations like...
Myanmar: Military gov’t mulls digital currency but World Bank shoots it down
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11 February, 2022

Myanmar: Military gov’t mulls digital currency but World Bank shoots it down

The country’s military government said recently that it’s considering launching a digital currency to boost its economy, but the World...
El Salvador residents in fresh protests against BTC imposition
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2 September, 2021

El Salvador residents in fresh protests against BTC imposition

Salvadorians have held their ground and rejected the imposition of BTC as legal tender, with fresh protests breaking out a...