A recent IMF study on 19 central banks in the Middle East and Central Asia region showed that Central bank digital currencies (CBDCs) may not be necessary to achieve intended...Read More
Iran’s central bank is set to launch a pilot trial program for digital currency and digital rial. The goal of the project is to modernize and simplify domestic transactions and...Read More
Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for international trade – as a full participant, the Switzerland-based Bank for...Read More
The Switzerland-based Bank for International Settlements recently announced that Saudi Arabia’s central bank has officially joined the central bank digital currencies (CBDC) project, mBridge. mBridge is a cross-border experiment with...Read More
Government interest in the crypto industry has increased significantly. This is majorly due to crypto’s increased adoption across the world. One of the significant ways through which countries have demonstrated...Read More
The global blockchain market is predicted to witness unprecedented growth in the coming years, with estimates suggesting it will reach $94.0 billion by 2027. In light of this, the Abu...Read More
