Putin Calls for International Agreements Based on Blockchain and Digital Currencies
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments that rely on digital currency and distributed ledger technology will be “much more convenient.” Russian President Vladimir Putin has called for the establishment of a new […]
Central Bank of India Initiates Digital Currency Pilot Program
India’s central bank began a pilot program of its digital currency on Tuesday, allowing selected banks to use it to settle secondary market transactions in government securities. Several bundles of bonds were traded, with data from Clearing Corp. of India Ltd. showing that 7.38% of 2027 debt and 7.26% of 2032 bonds were among the […]
How Digitalization Can Close the External Financing Gap
The digital revolution is transforming Pakistan’s economy. The Digital revolution has become a major source of income from abroad. In the last fiscal year, total exports of digital services stood at $2.6 billion. It has shown an average growth of 40% over the past four years. Growth in the digital ecosystem is still in its […]