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Is Complete Decentralization of Finance Realistic? Fed Governor Waller Says No
19.10.2024
A Federal Reserve governor questioned whether decentralized finance (defi) can truly eliminate the need for intermediaries, despite bitcoin’s revolutionary promise. While decentralized systems aim to bypass traditional structures, he argues that trust in intermediaries still resurfaces. Could...
Stablecoins can benefit financial system, Fed governor says
18.10.2024
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone
Stablecoins can benefit financial system, Fed governor says
18.10.2024
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone
AI risks financial stability, warns Indian central bank governor
14.10.2024
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities
Nigeria Central Bank Governor Defends Naira Float Decision
8.10.2024
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market...
Judge finds new California election deepfake ban unconstitutional
3.10.2024
Federal Judge John A. Mendez has blocked a new California law that allowed any person to sue for damages over election deepfakes.
California governor vetoes hotly contested AI safety bill
30.9.2024
Gavin Newsom vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California.
California governor vetoes hotly contested AI safety bill
30.9.2024
Gavin Newsom vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California.
California governor vetoes hotly-contested AI safety bill
30.9.2024
Gavin Newsom has vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California.
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
11.9.2024
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve...
Despite Governor’s Veto, North Carolina to Ban Central Digital Currency
10.9.2024
The North Carolina General Assembly has made a move that can only be defined as bold in the…
North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
10.9.2024
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto
North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
10.9.2024
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto
Beleaguered Libyan Central Bank Governor Flees Armed Militia
4.9.2024
Libya’s central bank governor, Sadiq al-Kabir, has fled the country due to threats and intimidation from armed militias. He claims that these actions are aimed at forcing him and other bank staff to return to work and comply with the interim Prime Minister’s attempts to replace him....
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
3.9.2024
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies
India’s Central Bank Governor Discusses CBDC Progress and International Strategy
30.8.2024
The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta Das at the Global Fintech Fest. The RBI is focusing on enhancing CBDC’s interoperability with existing retail payment...
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
27.8.2024
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the importance of gradual central bank digital currency...
President Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
26.8.2024
India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC