Blockchain Is Being Adopted by Major Firms - TREASURY NEWS - OpenTreasury Podcast #28
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the IMF predicting global economic slowdown, China cutting the reserve requirement ratio to boost economy, European corporates gaining from hedging, Wall Street banks embracing blockchain, and Mexico planning to launch CBDC by 2025.
1:20 - IMF forecasts a substantial slowdown in the world economy
3:40 - China cuts banks’ foreign reserve requirement ratio to support yuan
5:44 - European corporates “gain €3.8bn from commodities hedging”
7:38 - Shift towards blockchain adoption by major financial firms
10:49 - Mexico aims for CBDC by 2025
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