Retail CBDCs Bring Unknown ‘Consequences’ to Financial System: IMF Director
Retail central bank digital currencies (CBDCs), according to the managing director of the International Monetary Fund (IMF), would have a.
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White House Takes Aim at Crypto in Scathing Economic Report
In a new report, the White House takes aim at cryptocurrencies, claiming that several components of the digital asset ecosystem.
- by Oladapo Hapostle
- March 23, 2023
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Crypto Twitter Thinks the Fed’s $297B Balance Sheet Expansion Is ‘QE’, But It’s Not
The U.S. Federal Reserve’s (Fed) balance sheet expanded by $297 billion to $8.63 trillion in the week of March 15,.
- by Oladapo Hapostle
- March 18, 2023
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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop.
- by Oladapo Hapostle
- March 16, 2023
Bitcoin News
Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash
Bitcoin (BTC) rallied early Tuesday as a banking sector risk index rose, supporting a Fed rate hike halt. CoinDesk data.
- by Oladapo Hapostle
- March 14, 2023
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CBDC Projects on a Roll: SWIFT Reports ‘Clear Potential and Value’ From Pilot Tests
Central Bank Digital Currencies have the potential to offer several benefits to the financial system. Even the economy as a.
- by Oladapo Hapostle
- March 14, 2023
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State regulator takes control of Signature Bank, federal regulators guarantee deposits
In order “to protect depositors,” the New York Department of Financial Services seized the cryptocurrency-friendly Signature Bank, according to a.
- by Oladapo Hapostle
- March 14, 2023
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$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
The release of a crucial joint statement by U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair.
- by Oladapo Hapostle
- March 14, 2023
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US Fed to Create New Crypto Team amid Concerns About Unregulated Stablecoins
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in.
- by Oladapo Hapostle
- March 10, 2023
Bitcoin News
According to BIS executives, the adaptability of cryptocurrencies are essential for the ideal monetary system
Central bank digital currencies (CBDCs) are viewed by governments all over the world as a way to enhance the current.
- by Will
- September 3, 2022