The Bank for International Settlements (BIS), the International Monetary Fund (IMF), and the World Bank argue to the G20 that central bank-issued digital currencies (CBDC) will benefit worldwide development. In a new joint report, they have proposed to create a cross-border network of central bank digital currencies (CBDC), underpinned by efficient technological integration and proactive…
Major bank Standard Chartered is launching a cryptocurrency exchange and brokerage platform, giving its clients access to crypto assets, like Bitcoin and Ether. Standard Chartered gets in a growing list of major banking corporations worldwide that have accepted cryptocurrency. On Wednesday, the bank declared that a Standard Chartered PLC unit aims to start a cryptocurrency…