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CBDCs Could Kill The Case For Digital Currencies: India’s Central Bank Deputy Governor

Speaking at a webinar organized by the IMF on India’s digital payment system, the Reserve Bank of India’s Deputy Governor T Rabi Sankar said CBDCs could kill the case for cryptocurrencies. Referring to cryptocurrencies backed by advanced technologies, he said that technology is a tool and it can be misused.  India is planning to launch its […] дальше »

2022-6-4 18:56


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Bitcoin Ban ‘Most Advisable’ Option In India, Not Legalization: Central Bank Deputy Governor

The deputy governor of the Reserve Bank of India (RBI), the country’s central bank, has come out in support of banning cryptocurrencies in the world’s second-most populous nation. RBI Deputy Governor Doubles Down On Anti-Crypto Stance The RBI deputy governor has poured cold water on any hopes that India could soon take the regulatory and […] дальше »

2022-2-15 00:20


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Fed Chair Jerome Powell Set to Release Digital Currency Report

Jerome Powell has assured members of the United States Congress that the highly anticipated report on digital currencies will finally be released in the coming weeks. The Federal Reserve has yet to decide on whether to launch a central bank digital currency (CBDC) according to reports on January 11, 2022. Feds’ Digital Currency Report inRead More дальше »

2022-1-13 00:00


Fed Chair Says, Crypto Is Not A Financial-Stability Concern But An Issue For Those Who Don’t Understand It

On Wednesday, the Federal Reserve announced that it was doubling the pace of its bond-buying tapering and forecasted three rate hikes in 2022. Following the end of the central bank's two-day policy meeting, in a news conference, Fed Chair Jerome Powell also commented on cryptocurrencies, saying he doesn’t view them as a “financial stability concern. дальше »

2021-12-16 18:33


Accelerated Tapering Priced In, But What Does it Mean for Bitcoin Going Forward?

Bitcoin continues to trade around $48k and Ether under $4k as the market eagerly awaits the Federal Reserve’s meeting to wrap up on Wednesday. The market is preparing for a hawkish central bank, expecting it to accelerate its tapering of asset purchases, a reduction in stimulus, that would allow the officials to begin lifting rates […] The post Accelerated Tapering Priced In, But What Does it Mean for Bitcoin Going Forward? first appeared on BitcoinExchangeGuide. дальше »

2021-12-15 16:19


US Federal Reserve would soon release ‘detailed plans’ for a digital dollar

In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate. дальше »

2021-10-6 16:00


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Decline In Cash Usage Could Force New Zealand To Launch Digital Currency

Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […] дальше »

2021-10-6 17:40


U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.   According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »

2021-10-3 20:07


Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar

Cleveland Federal Reserve President Loretta Mester said Friday she supports the US central bank to start tapering its bond purchases at the next monetary policy meeting. Mester during a speech to the Ohio Bankers League said, “In my view, the economy has met those conditions, and I support starting to dial back our purchases in […] The post Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar first appeared on BitcoinExchangeGuide. дальше »

2021-9-24 19:05