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financial stability – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 23 Dec 2024 08:24:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png financial stability – DIGIT INFO https://www.digit.info 32 32 Botswana central bank flags ‘minimal’ crypto risks but urges regulation https://www.digit.info/botswana-central-bank-flags-minimal-crypto-risks-but-urges-regulation/ Mon, 23 Dec 2024 08:24:44 +0000 https://www.digit.info/botswana-central-bank-flags-minimal-crypto-risks-but-urges-regulation/

Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities.

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Bank of England watchdog asks firms to disclose crypto exposure https://www.digit.info/bank-of-england-watchdog-asks-firms-to-disclose-crypto-exposure/ Fri, 13 Dec 2024 05:46:52 +0000 https://www.digit.info/bank-of-england-watchdog-asks-firms-to-disclose-crypto-exposure/

The UK’s central bank wants to monitor the stability of crypto and set future policy and has asked local firms to disclose their current and future crypto plans.

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El Salvador plans Bitcoin policy changes to secure $1.3B IMF loan — FT https://www.digit.info/el-salvador-plans-bitcoin-policy-changes-to-secure-1-3b-imf-loan-ft/ Mon, 09 Dec 2024 13:09:21 +0000 https://www.digit.info/el-salvador-plans-bitcoin-policy-changes-to-secure-1-3b-imf-loan-ft/

El Salvador reportedly expects to reach an agreement with the IMF on a $1.3 billion loan deal in return for changes in its Bitcoin Law.

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Norway supports MiCA, considers CBDC for financial stability https://www.digit.info/norway-supports-mica-considers-cbdc-for-financial-stability/ Sat, 09 Nov 2024 09:30:05 +0000 https://www.digit.info/norway-supports-mica-considers-cbdc-for-financial-stability/

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

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International agencies report on tokenization to G20 officials https://www.digit.info/international-agencies-report-on-tokenization-to-g20-officials/ Tue, 22 Oct 2024 20:27:41 +0000 https://www.digit.info/international-agencies-report-on-tokenization-to-g20-officials/

The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.

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ECB official proposes unified European ledger for digital assets https://www.digit.info/ecb-official-proposes-unified-european-ledger-for-digital-assets/ Mon, 07 Oct 2024 21:17:08 +0000 https://www.digit.info/ecb-official-proposes-unified-european-ledger-for-digital-assets/

European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

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IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight https://www.digit.info/imf-urges-el-salvador-to-tighten-bitcoin-law-and-strengthen-oversight/ Mon, 07 Oct 2024 03:46:27 +0000 https://www.digit.info/imf-urges-el-salvador-to-tighten-bitcoin-law-and-strengthen-oversight/ Read more]]> IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen OversightThe International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability. IMF Urges El Salvador to Tackle Bitcoin […]

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Former Chinese finance minister urges crypto study after US Bitcoin ETF shift https://www.digit.info/former-chinese-finance-minister-urges-crypto-study-after-us-bitcoin-etf-shift/ Sun, 29 Sep 2024 07:24:54 +0000 https://www.digit.info/former-chinese-finance-minister-urges-crypto-study-after-us-bitcoin-etf-shift/

Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs.

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IMF staff propose REDI framework to catalyze CBDC adoption https://www.digit.info/imf-staff-propose-redi-framework-to-catalyze-cbdc-adoption/ Sun, 22 Sep 2024 08:28:27 +0000 https://www.digit.info/imf-staff-propose-redi-framework-to-catalyze-cbdc-adoption/

IMF staff members introduced a high-level four stage framework, emphasizing regulation, education, design, and incentives to enhance CBDC adoption.

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Progmat, DMM partner to introduce stablecoin for Seamoon Protocol https://www.digit.info/progmat-dmm-partner-to-introduce-stablecoin-for-seamoon-protocol/ Fri, 23 Aug 2024 16:51:30 +0000 https://www.digit.info/progmat-dmm-partner-to-introduce-stablecoin-for-seamoon-protocol/

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well. 

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