World Bank News

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.

S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.

A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.

Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.

The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.

The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.

Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation.

Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus.

The world’s largest development bank, the World Bank Group, has issued a new report on payment aspects of financial inclusion in the fintech era.

How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development?

The World Bank used a blockchain to raise over $33 million for its Kangaroo bond.

Crypto remittance on the rise as fintech companies increasingly leverage crypto and blockchain to capture the international payments market.

A three-way partnership saw secondary market trading go live, which participants say marks a world first.

As the IMF and the bosses of central banks gather to talk digital money, concerns of stability and institutional trust dominate the discussion.