The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in […]
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Asset Managers Weigh in on US Bitcoin Reserve Debate
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy....
