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Brazilian mystic Athos Salomé, known as the “Living Nostradamus”, has warned of major disruptions between 2024 and 2028. His forecasts include a collapse of the global financial system, a “slow motion civil war” in the United States, and cyber-attacks alleged…
KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business happenings in Nepal, presented in easily digestible summaries. The latest economic and policy developments in Nepal reflect a mix of cautious progress, persistent b…
Despite numerous reforms, the US financial regulation system remains a patchwork of federal and state agencies with overlapping mandates and conflicting objectives. Two new books underscore the need to streamline bureaucracy, simplify regulations, and separat…
For decades, the global trade system relied on institutional credibility. But programmable finance rewires that system to depend on logic, not legacy.
TOKYO (Reuters) -Japan currently has no plan to issue a central bank digital currency (CBDC) but must continue innovating its payment and settlement system i...
TOKYO :Japan currently has no plan to issue a central bank digital currency (CBDC) but must continue innovating its payment and settlement system in an increasingly cash-less society, a senior central bank official said on Wednesday.Although banknote issuance…
Brazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input for setting the country’s interest rate benchmark. Central bank executive Henrique Videira said on June 4 at the…
South Korea’s newly elected president Lee Jae-myung has vowed to legalize spot Bitcoin exchange-traded funds and launch a national KRW-backed stablecoin, which could turbocharge crypto adoption across Asia’s fourth-largest economy. Lee, a liberal firebrand an…
RBI unveils FY26 goals: CBDC expansion, AI in finance, cyber resilience, and improved customer protection. The post RBI Annual Report 2024-25: What is The Central Bank’s Agenda For FY26? appeared first on MEDIANAMA.
RBI’s 2025 report shows digital rupee use surging past Rs 1,016 crore, with new features and fintech partnerships. The post Digital Rupee Circulation Jumps to Rs 1,016.5 Crore in 2025: RBI Report appeared first on MEDIANAMA.
The digital euro is the EU’s response to systemic risks from the rising crypto adoption since rules like MiCA are not enough to address them, the Bank of Italy’s governor said.
India is preparing to release a discussion paper on crypto assets, influenced by the IMF and FSB, amid growing global acceptance spurred by the US's evolving stance. This comes as the nation considers regulatory frameworks and stakeholder input, with no rush …