Global strategy and management consultancy Roland Berger has partnered with Crypto Oasis to pool their resources to boost the region’s blockchain ecosystem.
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An index charting the readiness and adoption of central bank digital currencies (CBDC) has seen Nigeria top the retail CBDC leaderboard with the e-Naira, launched in October 2021. Nigeria’s lead is closely followed by other early CBDC adopters, the Bahamas, Mainland China, Jamaica and Eastern Caribbean. The findings, from the PwC Global CBDC Index, capture the central banks’ progress and stance on CBDC development, in both a retail and wholesale context.
The introduction of any innovative technology always comes with numerous challenges. Technological innovations such as blockchain, artificial intelligence and machine learning raise new problems that existing laws do not address, and the emergence of crypto assets has been no different.
Visa has launched a new consulting practice to support financial institutions, retailers, and other organizations with cryptocurrency initiatives.