8. Decentralized Finance (DeFi) and Digital Currencies

The financial landscape is being reshaped by the rapid adoption of decentralized finance (DeFi) platforms and blockchain-based digital currencies. Central banks around the world are exploring or piloting central bank digital currencies (CBDCs), aiming to enhance efficiency and financial inclusion.
At the same time, decentralized exchanges are growing, allowing users to trade assets without intermediaries. According to reports from the World Bank, these technologies promise greater transparency, security, and accessibility, fundamentally transforming how people and businesses manage and transfer value across borders.