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BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown
17.12.2024
“The seeds of a currency war are already being sown,” an expert has warned, as Trump’s policies risk inflaming devaluations, dollar volatility, and global economic instability. Currency Wars Loom as Trump’s Policies Threaten Global Market Stability Nigel Green, CEO of the wealth management advisory...
Why tech giants like Amazon may hesitate to adopt Bitcoin
12.12.2024
Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide
Why tech giants like Amazon may hesitate to adopt Bitcoin
12.12.2024
Big Tech has cash on hand. Currency devaluation makes it lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is next to decide
Tax Reduction, Currency Competition, and Nuclear Energy: Milei Defines Second Year Roadmap
12.12.2024
Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two:...
Ray Chan: Bridging Web2 and Web3 With Memes
10.12.2024
The CEO of Memeland turned memes into cultural currency with 9GAG. Now, he's using crypto to transform them into tools for engagement and community
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
8.12.2024
ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing Indian Trade Reserve Bank of India (RBI) Governor...
Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency
7.12.2024
A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve...
Store-of-Value Coins Steal the Spotlight in a Dynamic Month for Crypto
7.12.2024
With the crypto economy cruising at $3.67 trillion, some sectors are shining brighter than others. Over the last 30 days, store-of-value coins such as bitcoin (BTC), litecoin (LTC), XRP, bitcoin cash (BCH), monero (XMR), and dash (DASH) have led the pack. Store-of-Value, Smart Contracts, RWAs, File...
11 Things To Know Before Starting Marvel Rivals
6.12.2024
Marvel Rivals is out now and free to play on PC, PlayStation 5, and Xbox Series X/S. The hero shooter pretty shamelessly draws inspiration from Overwatch. As a result, NetEase’s swing at the genre feels like putting on a familiar glove to long-time players of Blizzard’s game. However, there are...
Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
6.12.2024
Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t...
Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
5.12.2024
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar
Crypto for Advisors: 2025 Stablecoin Outlook
5.12.2024
As representations of assets, such as a fiat currency, on the internet, stablecoins offer unmatched flexibility, speed, and availability — key factors driving their increasing adoption
Russia sentences Hydra market founder to life in prison
4.12.2024
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer
Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft
3.12.2024
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require...
Brazil Pushes Back on Trump’s BRICS Tariff Threat While Championing Single Currency Vision
3.12.2024
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico...
Digital euro preparation continues as holding limit, privacy debated
2.12.2024
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision
Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan
2.12.2024
South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed...
XRP Hits $2.77, Becomes Third-Largest Crypto Amid Market Frenzy
2.12.2024
Over the past day, XRP, the digital currency, has climbed more than 41% against the U.S. dollar, marking a 431% increase overall. Trading Mania: XRP’s Explosive Rally Draws Global Attention Currently riding a wave of momentum, XRP is trading at $2.77 per coin as of 11:20 a.m. ET on Dec....
US Bitcoin reserve is possible to achieve but not without downsides
2.12.2024
Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms