World Bank


Policy

India's Crypto Discussion Paper on Hold Due to Other Priorities

Financial authorities have had to prioritize matters such as the nation's budget during an election year, meetings with other nations and the impending World Bank annual meetings.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Finance

World Bank Affiliate IFC Backs Blockchain-Based Platform for Carbon Offsets

The Carbon Opportunities Fund aims to push investments for tokenized trading of carbon credits.

(Spencer Watson/Unsplash)

Videos

Argentina Approves IMF Debt Deal Discouraging Crypto Use

Argentina’s Senate has approved a $45 billion debt deal with the International Monetary Fund (IMF) that includes a provision about discouraging the use of cryptocurrency in the country.

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Videos

BIS, IMF, World Bank: Central Banks Must Consider Cross-Border Implications of CBDCs

In a paper published Friday, the Bank for International Settlements (BIS) said central banks worldwide should be focused more on cross-border settlement issues than domestic issues and on making central bank digital currencies (CBDCs) in different jurisdictions interoperable. “The Hash” hosts discuss surveillance concerns for CBDCs and the feasibility of the statements.

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Markets

BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs

Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.

BIS' headquarters building in Basel, Switzerland.

Videos

World Bank Rejects El Salvador’s Request to Help Implement Bitcoin

The World Bank denied El Salvador's request for technical assistance on bitcoin, citing environmental concerns. So will El Salvador get the support it needs in its adoption of bitcoin as legal tender, and which crypto leaders are cheerleading for El Salvador and other potential crypto nation-states?

Recent Videos

Markets

World Bank Denies El Salvador's Request for Technical Assistance on Bitcoin

The financial institution cited environmental concerns.

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Markets

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.

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Tech

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.

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