Friday, April 19, 2024
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MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in four low- and middle-income countries — India, Indonesia, Nigeria and Mexico — to study inclusion issues related to retail central bank digital currency (CBDC) design. They released the results of

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Eldrige leads Digital Currency Group’s maiden $600 million debt funding round

On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital markets. The debt funding round was led by private equity firm Eldridge.The company stated that the increase, which provides DCG with a credit facility enabling

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