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Palestinians need a reimagined payments system to rebuild their economy

A shekel-backed stablecoin is one tool that could aid in the reconstruction of Gaza and the wider strengthening of the Palestinian economy. ....

Israel General , Saudi Arabia , Gaza Strip , United Arab Emirates , West Bank , United States , Byananya Kumar , United Nations , Financial Action Task , Bank More , Palestine Monetary Authority , Gulf Cooperation Council , East Jerusalem , Oslo Accords , Gulf Cooperation , Financial Action Task Force ,

Asking the right questions: Can digital currency enable financial inclusion?

Cryptocurrencies and CBDCs have the potential to enhance financial inclusion. However, the lack of quantitative data makes it challenging to evaluate their impact. To assess their financial inclusion capacity, we need to consider multiple layers and adapt strategies to local needs and policies. ....

United States , Send Em , Raphael Auer , Mureji Fatunde , Julie Frizzo Baker , Oliver Wyman , Gabriel Soderberg , Ruth Olurounbi , Nikhil Raghuveera , Brenton Peck , Ivy Lau , Neha Narula , Ananya Kumar , Thomas Franck , Byananya Kumar , Anthony Osae Brown , Alisha Chhangani , Lana Swartz , Digital Currencies Could Boost Financial Health , Us Treasury Department , World Economic Forum , World Bank Global Findex Database , Massachusetts Institute Of Technology , Merrill Center , Digital Currency Initiative , Geoeconomics Center ,

Russia is ramping up its CBDC. Will Putin's 'robot ruble' work?

Given the extent of sanctions following its invasion of Ukraine, Russia is trying to open alternative channels for cross-border payments. ....

South Africa , Anatoly Aksakov , Nikolai Zhuravlev , Charles Lichfield , Byananya Kumar , Olga Skorobogatova , Vladimir Putin , Federation Council , Ananya Kumar , Russian President Vladimir Putin ,

Practice makes perfect: What China wants from its digital currency in 2023

Social Security is estimated to run out of reserves in just 12 years. However, reform is possible through tax and retirement changes ....

Hong Kong , United States , Ananya Kumar , Tencentpay Wepay , Byananya Kumar , People Bank , Blockchain Service Network , Hong Kong Monetary Authority , Digital Payments Network , Central Bank , International Settlements , China Mobile , Geoeconomics Center , Red Date Technology , Administration Of Financial Supervision , National People Congress , Information Center , What China , Beijing Olympics , National People , State Administration , Financial Supervision , State Council , State Information Center , Universal Digital Payments , World Economic Forum ,