A recent report reveals a remarkable increase in the global interest surrounding central bank digital currencies (CBDCs). As of now, a staggering 134 countries are exploring this groundbreaking technology, an impressive jump from just 35 nations involved in 2020. The report, published by the Atlantic Council, indicates that over 65 countries, including major players such […]
Countries Accelerate Development of Digital Currencies
In recent years, central bank digital currencies (CBDCs) have captured global attention as nations respond to technological advancements and changing economic behaviors. According to research from the Atlantic Council, a growing number of countries, representing a staggering 98% of the global economy, are actively exploring digital versions of their currencies. Notably, almost half of these […]
Visa Aims to Transform Digital Payments in Pakistan
In a bold initiative aimed at enhancing the financial landscape of Pakistan, Visa has set its sights on exponentially increasing the acceptance of digital payments within the country. This strategic plan, articulated by Visa’s general manager for Pakistan, North Africa, and Levant, Leila Serhan, seeks a tenfold expansion over the next three years through a […]