Morocco's working with IMF and World Bank to shape its crypto regulations, aiming to balance user protection and financial stability while fostering innovation.
El Salvador is altering its Bitcoin law, making its acceptance optional for businesses, to secure a $1.3 billion IMF loan. This policy shift, following international pressure, could unlock further financing from the World Bank and Inter-American Development Bank. The government plans broader fiscal reforms to comply with loan conditions.
Oxfam's report reveals a $24 billion discrepancy in climate funds supposedly managed by the World Bank, raising concerns over fund transparency.
Oxfam reports $24 billion missing in climate funding at the World Bank, citing transparency issues that impede evaluating climate initiatives.
Oxfam reveals $24 billion in climate funds missing from the World Bank, citing transparency issues that impact the evaluation of climate financing effectiveness.
Oxfam claims $24 billion in climate funds are missing from the World Bank, citing transparency issues.
Oxfam reports $24 billion in missing climate funds at the World Bank, highlighting a transparency issue affecting climate finance evaluation.
Oxfam reports $24 billion missing from World Bank's climate funds, raising transparency concerns.
Cysic founder claims ZK-proofs are a cost-effective alternative to traditional ID systems, addressing the issue faced by one billion people globally lacking official identification.
Oxfam reports nearly $41 billion in World Bank climate finance is missing.
The Central Bank of Brazil emphasizes the potential of tokenization and open finance as crucial for future financial systems to the IMF and World Bank.
The World Bank revealed Nigeria lost over $8 billion from 2021 to 2023 due to foreign exchange subsidies by the Central Bank of Nigeria. These subsidies, along with fuel subsidies, cost the government significant revenue. The World Bank also noted the hardship caused by these policies.
BRICS, including major economies like China and Russia, is emerging as an alternative to Western-led financial institutions. Cuba is optimistic about its shift away from the World Bank and IMF, offering more favorable financial terms to developing nations.
Nigeria's currency reforms have made the naira highly competitive, says World Bank economist Indermit Gill. Floating the naira and removing fuel subsidies helped avoid fiscal collapse but worsened poverty and raised concerns about potential civil unrest.
JAN3 CEO Samson Mow warns about covert operations by traditional financial institutions to hinder state-level Bitcoin adoption.
Quant (QNT) and Mpeppe (MPEPE) are thriving despite a bearish market. Quant shows resilience through strong fundamentals and institutional support, while Mpeppe leverages its innovative crypto gambling platform to attract investors.
The Russian Executive Director predicts that BRICS nations will dominate the World Bank and IMF due to macroeconomic and demographic changes shifting away from Western dominance.
The World Bank has classified Russia as a high-income country despite sanctions, with Bitcoin potentially influencing this status change.
The World Bank has ranked Russia as a high-income country, leading to speculations about Bitcoin's influence in this achievement.
SIX Digital Exchange (SDX) is on the verge of exceeding CHF 1 billion in digital asset issuances with the support of a CHF 200 million bond by the World Bank.
The World Bank is set to issue a CHF 200 million digital bond using blockchain tech and settled in Swiss Franc CBDC, marking its largest CHF issuance since 2009.
The World Bank recommends rich nations reduce livestock farm subsidies to address climate change, which may shift investments towards sustainable sectors like cryptocurrencies.
