IMF Says Crypto and CBDCs Are an Alternative to Traditional Finance
The International Monetary Fund has said that digital assets can become a more effective alternative to traditional financial products.
Jamaica Recognizes its CBDC as Legal Tender
The Jamaican Senate has just passed a law recognizing the country’s central bank’s digital currency (CBDC), Jamaica Digital Exchange, as legal tender.
The Central Bank of India Plans to Implement a Phased Approach to CBDC Launch
The Reserve Bank of India (RBI) has said it plans to follow a phased approach to the implementation of its own central bank digital currency (CBDC).
JPMorgan Participates in Elliptic’s Funding Round
Analytical company Elliptic has announced financial holding JPMorgan has taken part as an additional investor in the company’s latest Series C funding round round.
Largest Neobank in Brazil to Offer Crypto Access to Customers
Nubank, the largest neobank in Brazil, has announced a partnership with Paxos.
Bank LGT to Provide BTC and ETH Trading Services
LGT Group has officially announced that it will open a platform on which clients of the financial institution will be able to trade Bitcoin and Ether.
Bank of America Says Bitcoin Can Act as Hedge Against Stock Markets Crash
Commodities, cash and cryptocurrencies could perform well against equities and bonds amid a combination of inflation shocks, recession and Fed policies.
