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Nalezeno "currency": 3980

Montenegro's central bank teams up with Ripple on digital currency pilot project

30.1.2023
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

28.1.2023
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from...

Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases

27.1.2023
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi Minister of Finance has said CBDCs can be...

Opinion: Barry Silbert keeps quiet as Genesis goes down in flames

26.1.2023
Opinion: Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy

ChatGPT learns Bitcoin will end central banking and fiat currency

26.1.2023
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency

DCG-Owned Crypto Exchange Luno Just Laid-Off 35% of Its Workforce – Here’s Why

26.1.2023
Cryptocurrency exchange Luno, which is owned by crypto conglomerate Digital Currency Group, has slashed 35% of its global workforce. The company, which has offices in Africa, Southeast Asia, and Europe, reportedly informed employees during a live-streamed town hall on Wednesday. “2022 has been...

DCG companies laid off over 500 employees as contagion spreads

25.1.2023
Cryptocurrency exchange Luno fired 330 employees on Jan. 25, joining other DCG companies in cutting headcount

Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries

25.1.2023
President of Brazil Luis Inacio Lula Da Silva clarified the scope and reach of the common currency that Brazil and Argentina are studying to issue in Latam. Lula Da Silva clarified that he believed this currency would be used to settle cross-border payments between the two countries and also...

Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’

25.1.2023
Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on by Argentina and Brazil. Musk stated that this move would be “probably a good idea,” commenting on the topic on social...

Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos

25.1.2023
The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously want a real hedge against inflation or economic chaos.” He added that bitcoin is too volatile to use as a currency. “Imagine business owners trying to conduct...

UK gov't is hiring a central bank digital currency lead for Treasury team

24.1.2023
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

24.1.2023
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank...

Today in Crypto: Genesis Creditors Sue DCG and Barry Silbert, Binance Kept Some Collateral in Same Wallet as Customer Funds, Binance Processed $346M for Bitzlato

24.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Genesis Creditors Sue DCG and Barry Silbert, Binance Kept Some Collateral in Same Wallet as Customer...

FBI confirms that Lazarus Group and APT38 engaged in currency theft

24.1.2023
The FBI’s thorough investigation, which was duly and meticulously carried out, leads them to believe that the Lazarus Group and APT38 committed the theft from Harmony’s Horizon Bridge. As per the contents of the report submitted by them on the 24th of June, 2022, the stolen amount...

Genesis creditors file securities lawsuit against Barry Silbert and DCG

24.1.2023
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit

Brazil and Argentina to Start Working on Creation of Latam Common Currency

24.1.2023
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina...

Brazil and Argentina Want to Create a New Currency, Bitcoiners Suggest Adopting BTC

24.1.2023
Brazil and Argentina are mulling the co-creation of a common currency – but bitcoiners have suggested they adopt bitcoin (BTC) instead. Over the weekend, the Financial Times reported that ministers in the nations said the proposed currency would “at first run in parallel with the Brazilian real...