CBDCs have launched in 11 countries, while 15 more are testing and 26 are developing one. Nigeria is a leader here, with its already launched eNaira already impacting local and cross-border payments. Financial inclusion is key for Nigeria’s economic development strategy. Despite successes, women, youth, small- and medium-sized enterprises, and people living in rural areas are still disproportionately excluded from the financial system.
MEETINGS Digital assets: risks, opportunities and what’s next Monday 23 January, Roundtable Timothy Massad, former chairman of the CFTC, discusses the importance of finding the right balance between regulatory efforts and allowing innovation to thrive.
ON DEMAND Everything FTX Sinan Yilmaz, account and content manager at OMFIF, sits down with Lewis McLellan, editor of the Digital Monetary Institute, to discuss everything related to FTX and its downfall. Their conversation covers the domino effects and how it compares to Enron in the early 2000s.
LATEST REPORT Future of payments 2022 This report focuses on the challenges of cross-border payments for emerging market countries, delving into the validity of cryptocurrencies and stablecoins as a means of escaping domestic inflation and sending cheap remittances.
