While the population is "digitally savvy," data within the study suggests that encouraging consumers to switch to a CBDC may be an uphill struggle. Just 40% of payments in the Middle East and Central Asia were made digitally in 2021.

The rise of Apple Pay and embedded finance in popular consumer products had long been a looming threat to legacy banks. Now, central banks were feeling the squeeze

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. This week HSBC pushed the adoption of tokenized RWA forward by opening its gold

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. On February 16, the U.S. Federal Reserve (Fed) published a note discussing the

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. This week it has been difficult to avoid the SEC's approval of 11

The island nation has enhanced its already progressive DAO regulation, ignoring a previous warning against the policy from the IMF.

In its latest blog post, the international monetary fund laid out its global policy recommendations for the protection of economies and investors from the pernicious threat of cryptocurrency.

The Republic of the Marshall Islands has supported blockchain-based initiatives. Now the IMF suggests imposing a moratorium on the registration of DAOs and says that the launch of a stablecoin in the RMI is 'especially concerning'.