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Image depicting Brazil's CBDC Drex and the integration of DeFi.
Brazil

Brazil Integrates DeFi in Synthetic CBDC Development: Insights on Drex

Brazil is innovatively incorporating decentralized finance (DeFi) into the development of its synthetic CBDC, Drex, as announced by Central Bank Governor Roberto Campos Neto. This initiative aims t...

Central BankUruguay's new cryptocurrency law and its impact on regulation and virtual assets.

Uruguay Enacts Cryptocurrency Law After 2 Years of Deliberation

Uruguay officially enacts a cryptocurrency law recognizing virtual assets. The Central Bank will regulate services, overseeing licenses for cryptocurrency providers. This positions Uruguay as a lea...

CBDCCentral Bank of Russia emblem with digital ruble illustration.

Russian Central Bank Defines Digital Ruble's Role in Monetary Policy

The Central Bank of Russia affirms that the digital ruble will not affect current monetary policy frameworks. The bank maintains its tools and strategies to target inflation effectively in the upco...

central bankThailand's Deputy Finance Minister announcing new virtual bank regulations

Thailand's Deputy Finance Minister: Unlimited Virtual Bank Licenses Announced

Thailand's Deputy Finance Minister has declared that there will be no limits on virtual bank licenses, hoping for swift approval from the central bank within six months. This move aims to enhance t...

Central BankJackson Hole Central Bank meeting discussing monetary policy effectiveness.

Jackson Hole Meeting 2023: Reassessing Monetary Policy Impact

The upcoming Jackson Hole Central Bank meeting will evaluate the effectiveness of monetary policy in a resilient U.S. economy amid rising interest rates. This year's focus is on how past low rates ...