WORLD BANK
World Bank Issues Poverty-Reduction Bonds on Polygon, Leveraging Real-Time Impact Verification
The World Bank is issuing poverty-reduction bonds on Polygon, enabling real-time impact verification and increasing transparency in social development funding.
Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute
Economists rally behind the Honduran government's decision to exit ICSID, amid a $10.8B claim from Próspera Inc., a crypto island firm affected by legislative changes.
Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation
Nexo files a $3 billion claim against Bulgaria for damages caused by a dropped investigation, citing material and reputational harm and disrupted business plans.
Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance
Citi's Issuer Services acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance via Euroclear's D-FMI distributed ledger technology platform, marking a significant step in digital bond issuance and showcasing a scalable model for blockchain integration within existing capital market structures.
World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion
The World Bank Group has recently published a study, issued by the Bank for International Settlements (BIS) on “Payment aspects of financial inclusion in the FinTech era,” highlighting the concepts derived using blockchain, including stablecoins, and central bank digital currencies (CBDCs).