World Bank
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Bitcoin News
Bitcoin News

El Salvador’s Bitcoin Adoption Can Cause Regulatory Risks for its Banks- Fitch Ratings

The move by the Caribbean Island nation, El Salvador to adopt Bitcoin as its official legal tender after the United States Dollar has been tagged by FitchRatings as bad for its banks. According to the New York-based economic analytics and rating firm, El Salvador’s plans will increase the need for local financial institutions to bolster

The move by the Caribbean Island nation, El Salvador to adopt Bitcoin as its official legal tender after the United States Dollar has been tagged by FitchRatings as bad for its banks. According to the New York-based economic analytics and rating firm, El Salvador’s plans will increase the need for local financial institutions to bolster

Bitcoin News
Bitcoin News

World Bank Denies Any Help to El Salvador for Bitcoin (BTC) Implementation

After the IMF raised concerns about El Salvador adopting Bitcoin (BTC) as a legal tender last week, the World Bank has rejected any kind of help for Bitcoin implementation citing transparency and environmental concerns. On Wednesday, June 16, El Salvador’s Finance Minister Alejandro Zelaya said they are currently seeking technical assistance from World Bank to

After the IMF raised concerns about El Salvador adopting Bitcoin (BTC) as a legal tender last week, the World Bank has rejected any kind of help for Bitcoin implementation citing transparency and environmental concerns. On Wednesday, June 16, El Salvador’s Finance Minister Alejandro Zelaya said they are currently seeking technical assistance from World Bank to

crypto exchange
Blockchain News
crypto exchange
Blockchain News

Malta Not a Haven For Blockchain Businesses Anymore Reveals World Bank Report

A World Bank report ranks Malta, the aforementioned pro-blockchain country, lowest in the European Union, in ease of doing business. The World Bank Doing Business 2020 report focuses on key industries in the country including blockchain. Malta ranks lowest across the EU – World Bank Malta as the most difficult country to do business in

A World Bank report ranks Malta, the aforementioned pro-blockchain country, lowest in the European Union, in ease of doing business. The World Bank Doing Business 2020 report focuses on key industries in the country including blockchain. Malta ranks lowest across the EU – World Bank Malta as the most difficult country to do business in

IMF
Blockchain News
IMF
Blockchain News

World Bank and IMF Together Launches ‘Learning Coin’ Cryptocurrency, But What’s the Deal?

Two of the largest international organizations, World Bank and IMF (International Monetary Fund) has reportedly rolled out private blockchain and a quasi-cryptocurrency called ‘Learning Coin’. Hub for Knowledge and Not Backed By Monetary Value So-called ‘Learning Coin’ initiative by IMF and World Bank is first reported by ft media and notes that the organizations have

Two of the largest international organizations, World Bank and IMF (International Monetary Fund) has reportedly rolled out private blockchain and a quasi-cryptocurrency called ‘Learning Coin’. Hub for Knowledge and Not Backed By Monetary Value So-called ‘Learning Coin’ initiative by IMF and World Bank is first reported by ft media and notes that the organizations have

JP Morgan
Altcoin News
JP Morgan
Altcoin News

Ripple, Circle, JP Morgan all Using DLT Technology for Cross Border Payments: World Bank

Distributed ledger technologies currently possess all the necessary features that can ease the pains of cross border remittance industry which have made it a topic of discussion for institutions across the globe whether are these the future. A recent blog post released by World Bank also discussed the same naming how Ripple Circle and JP

Distributed ledger technologies currently possess all the necessary features that can ease the pains of cross border remittance industry which have made it a topic of discussion for institutions across the globe whether are these the future. A recent blog post released by World Bank also discussed the same naming how Ripple Circle and JP

R3 corda
Altcoin News
R3 corda
Altcoin News

Ripple And R3 Power Global Remittance Worth $12 billion for Federal Bank in India

The Federal Bank in India has taken significant steps towards Blockchain implementation to improve the remittance system in India. The bank has entered into a partnership with Ripple Inc. for cross-border remittance through its network.  “For long Federal Bank has endeavoured to bring our non-resident clientele closer to their homes. Each of our digital offerings has

The Federal Bank in India has taken significant steps towards Blockchain implementation to improve the remittance system in India. The bank has entered into a partnership with Ripple Inc. for cross-border remittance through its network.  “For long Federal Bank has endeavoured to bring our non-resident clientele closer to their homes. Each of our digital offerings has