IMF Flags Stablecoins as Emerging Market Risk
The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets, though experts say their market size is not yet significant.
South Africa Postpones Retail CBDC Plans, Focuses on Wholesale Utility
The South African Reserve Bank (SARB) has shelved immediate plans for a retail CBDC, concluding there is no strong, immediate need for this instrument.
Bolivia to Integrate Stablecoins and Crypto Assets into Its Formal Financial System
Bolivia’s government announced plans to integrate cryptocurrencies and stablecoins into the formal financial system, allowing banks to offer crypto-based services.
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