US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
8.2.2023
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks...
Bank of England thinks digital pound can co-exist with private stablecoins
8.2.2023
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
8.2.2023
India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges
Nokia uses the metaverse to connect remote breweries, train aircraft techs
8.2.2023
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
8.2.2023
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise...
SBF’s lawyers move to block release of bail guarantors' identities
8.2.2023
The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14
First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors
8.2.2023
ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
8.2.2023
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network
Investment Manager Predicts Gold Could Hit $3,000 This Year
8.2.2023
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. “It’s time for people to want to be bullish on gold.” Gold...
SEC Directs Examiners To Focus on How US Broker-Dealers Are Pitching Crypto
8.2.2023
U.S. broker-dealers and investment advisers that deal in crypto will get extra scrutiny from Securities and Exchange Commission examiners this year, according to the agency’s annual examination priorities announced Tuesday
Argentina's National Securities Commission to Set Requirements and Rules for Crypto Companies
7.2.2023
The jurisdiction of that agency is specified in a bill that is under discussion in the Argentine Congress
Former Bitcoin Dev Gavin Andresen Regrets Previous Support for Craig Wright, Calls it a 'Mistake' – Here's Why
7.2.2023
Gavin Andresen, the former lead Bitcoin developer appointed by Satoshi Nakamoto himself, now regrets that he once supported the controversial Australian computer scientist Craig Wright.
Writing on his personal blog earlier this month, Andresen called it “a mistake” to trust Craig Wright, and said...