The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.
El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender.
Singapore’s central bank offers cash prizes for digital currency ideas
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
World Bank refuses El Salvador’s request for help on BTC transition
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.
World Bank Investigates Smart Contracts as Financial Tools, With Mixed Results
The World Bank has looked at the benefits of smart contracts and found the blockchain instruments to be a “limited” financial tool.
MakerDAO Is Helping 60 Kids in Brazil Learn the Basics of Blockchain
The World Bank is teaming up with MakerDAO to bring blockchain education to Brazilian favelas.
World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds
The World Bank raised another $33.8 million by issuing bonds on a blockchain, bringing the total to $108 million.
World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
The World Bank says its new debt instrument “bond-i” is the first bond to have both issuance and trading recorded on a blockchain.
IMF and World Bank Launch Educational Blockchain Token
The International Monetary Fund and the World Bank have launched an internal crypto token to fill a “knowledge gap” around blockchain tech.
The Power of Private Blockchains Is Beginning to Show
Is it time to rethink private blockchains? The World Bank’s “blockchain bond” success has reinvigorated that question.
World Bank’s Blockchain Bond Experiment Raises $81 Million
The World Bank’s blockchain bond raised $110 million AUD, and is based on a private ethereum network.
The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month.