IMF, World Bank and BIS call for global coordination on CBDCs at G20

    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…

    Standard Chartered Bank To Launch Crypto Platform

    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…