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Central Bank Digital Currencies and Their Role in the Financial System
22.8.2020
What are CBDCs and the risks they possess, and how might they reshape our economies?
No, Crypto Payments Won’t Ruin Russia’s Financial System, Key Players Say
20.8.2020
Is Russia harming its economy by banning crypto payments?
Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’
15.8.2020
The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system.
The comments were made by the head of the parliamentary...
CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format
28.7.2020
Perfection shouldn’t be the enemy of good when it comes to regulating the cryptocurrency space, said Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
How a Digital Dollar Can Make the Financial System More Equitable
15.7.2020
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S
The United States Has to Upgrade the Legacy Financial System
10.7.2020
Slow-roll regulations in the United States may leave Americans behind in the financial innovations’ running
CBDCs Might Increase Central Banks' Footprint on Financial System - BIS
30.6.2020
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....
Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
7.5.2020
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining...
Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
22.4.2020
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%....
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
New Crypto Partnership Takes Aim at Africa's Unfavorable Financial System
16.4.2020
Sesacash plans to curb the shortcomings of Africa’s financial system by making cryptos mainstream
We’ll Never Think About the Financial System the Same Way Again
26.3.2020
Central bank digital currencies open the way to tokenized and decentralized finance, says ConsenSys's fintech co-head
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Central Bank Officials: DLT Can Improve the Global Financial System
8.3.2020
An IMF official is concerned that central banks may be rushing to develop blockchain systems without properly vetting the technology first
CoinDesk’s New Opinion Section: The Future of the Financial System Is Up for Debate
18.2.2020
Announcing CoinDesk’s new opinion section, a place for discussion on the future of money and all the interesting questions that surround crypto and blockchain as ideas
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...