In a bid to enhance transparency and curb corruption in the public service, Guinea-Bissau has adopted the use of blockchain technology to manage wage expenditures for civil servants. Officials...
Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning Subscribe to ETT March 24, 2024 Welcome to Emerging Tech Trends...
The Ministry of Finance and the International Monetary Fund (IMF) will, on Monday, March 18, 2024, host an Artificial Intelligence (AI) summit in Accra to unravel the challenges and...
The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates. Participants include the IMF, World Bank, and 23 central banks from...
The International Monetary Fund released the results of its fourteenth annual Financial Access Survey (FAS) , [1] highlighting the resilience of financial access during the tumultuous COVID-19 pandemic years....
Tax systems need updating to cope with crypto assets, whose anonymity and decentralized nature poses challenges—not least for the value added tax. Crypto assets that can be used as...
The global central banking community is actively exploring Central Bank Digital Currencies (CBDCs), which may have a fundamental impact on both domestic and international economic and financial stability. Over...
Stablecoins have experienced periods of rapid growth, accelerated links with traditional finance according to a new report by IMF. The report noted without proper regulation, contagion risks to wider...
In a new Fintech note by IMF on “Digital Currencies and Energy Consumption” noted Central Bank Digital Currencies Design(CBDC) choices have implication on energy consumption. This paper describes how...