Search
Head of African Regional Central Bank Calls for Creation of Digital Currency
25.7.2022
The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belonging to the Central African Monetary Union (CAMU). Ndoba reportedly wants the BCAS...
Board urges Bank of Central African States to introduce common digital currency: Report
22.7.2022
The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
16.7.2022
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide...
Wordle Is Getting Its Own Party Game, Out In October
14.7.2022
Wordle at one point earlier this year dominated the internet and filled your Twitter feeds with colorful squares. And while today it’s not nearly the cultural phenomenon it once was, it’s still very popular, and to capitalize on that, Hasbro is creating a board game based on Wordle that will be...
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
12.7.2022
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October...
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
9.7.2022
Crypto Turmoil Latest: Celsius in Board Change, Genesis Clear of 3AC Trouble & FTX’s ‘Billions’
7.7.2022
Crypto turmoil continues to deepen, with further maneuvers at Celsius (CEL) and a company recounting details of how it dodged the Three Arrows Captial (3AC) fallout – while the crypto exchange giant FTX appears set to bail out yet more ailing crypto players with a “few billion” dollars worth...
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
26.6.2022
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black...
Bobby Kotick Is Staying On Activision Blizzard's Board, Ew
22.6.2022
Just yesterday, Activision Blizzard shareholders voted to approve a report looking into the company’s anti-harassment efforts. While the company itself is “carefully considering” that, stockholders also gave the green light to the Board of Directors nominees, which included shitty CEO Bobby Kotick....
Twitter board recommends shareholders vote for Elon Musk’s takeover
22.6.2022
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24
Activision Stockholders Vote To Release Annual Harassment Reports, Company Will 'Consider' It
21.6.2022
Today, Activision Blizzard shareholders voted to approve a proposed annual report that would document the company’s ongoing efforts to stop workplace abuse and harassment as well as catalog the company’s total number of sexual harassment settlements and pending complaints. Read more
Let’s Put EA CEO’s $20 Million Payout In Context
17.6.2022
The CEO of Madden maker Electronic Arts is set to rake in $19.8 million in total compensation for his company’s strong performance in 2021. That’s about half of what it was for 2020 after EA’s Board of Directors cracked down on exorbitant bonuses in the face of shareholder backlash, but still...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
17.6.2022
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled....
Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto
17.6.2022
The Board of Governors of the Federal Reserve have noted the risks of stablecoins by referring to the recent dramatic market crash in the monetary policy report submitted to the Senate and the House
ECB may cap digital euro at 1.5T tokens — Executive board member
15.6.2022
"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta
ECB Would Limit Digital Euro to Maximum 1.5T, board member says
15.6.2022
The European Central Bank (ECB) provided an update on its plans for a central bank digital currency (CBDC) to the European Parliament’s Committee on Economic and Monetary Affairs
Tesla Board Member Kimbal Musk Says Most DAOs Are Not Actually Decentralized
11.6.2022
“Frankly, I think most DAOs are designed to allow the founders to maintain control,” said the founder of food justice charity Big Green DAO
Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging
8.6.2022
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told...
Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday’s Session
24.5.2022
Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over 10% during the session. Solana (SOL) SOL was one of the most notable tokens...
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
19.5.2022
Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process