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Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency


The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia...

Central Banks Look To Two-Tier Retail CBDC Model Amid Disruption Fears


ral-banks-seek-to-balance-innovation-and-disruption-when--PBC_1303486">report by international risk assessment firm Moody’s.  “Based on existing and proposed pilot schemes, CBDC development is being done in conjunction with existing financial market infrastructure, the two-tier

New York Fed Survey Shows Inflation Expectations Highest Ever Recorded


American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...

Some Central Bankers Show Interest in Bitcoin; Inflation Fears Mount


A survey of 30 central banks brought somewhat surprising results as some bankers showed signs of openness to cryptoassets such as bitcoin (BTC). Also, central bankers are becoming more concerned about inflation. First, 14% of the respondents said that central bank digital currencies (CBDCs) would...

South Korean Crypto Exchange Execs Arrested Amid USD 2B Fraud Fears


Police in South Korea said they fear that the crypto exchange V Global could be at the center of a fraud network that has sucked in some USD 2bn, as investigations into the platform intensify and police officers raided the exchange’s offices. Per Seoul Shinmun and Hankook Ilbo, police claim that...

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