2023-6-22 23:55 |
The Monetary Authority of Singapore, the Bank of Italy, the Bank of Korea and the International Monetary Fund has released a white paper exploring the concept of Purpose-Bound Money(PBM) and... origin »
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This analysis of the changing world order, its impacts on the global economy, and the future of central bank monetary policy is the first in a two-part series.
2022-8-27 05:30 | |
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The pressure is mounting on the major economies of the world. This can be clearly evidenced by observing central bank monetary policy over recent years in various countries. Bitcoin was envisaged to solve this problem but more people need to start using it for that to occur.
2020-1-14 02:00 | |
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As central bankers around the world get set for a prolonged period of monetary debasement, the 99% could look to Bitcoin for protection. A Decade of Monetary Debasement Looms The European Central Bank issued guidance at the end of last year that it would keep “the key ECB interest rates to remain at their present […] The post Bitcoin the Answer to Monetary Debasement? appeared first on Crypto Briefing.
2020-1-7 09:23 | |
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With the ongoing conversation surrounding central bank digital currencies (CBDCs), the International Monetary Fund (IMF) is examining its potential role in future sovereign digital currency issuances.
2019-12-30 15:30 | |
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While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers.
2019-12-30 07:46 | |
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This year will see the second annual Proof of Keys event take place. Those involved will be attempting to demonstrate the monetary sovereignty Bitcoin affords, as well as the solvency (or lack there of it) of cryptocurrency exchange platforms.
2019-12-28 23:00 | |
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Bitcoin is many things to many people, for some it is a way to make a quick buck day trading, for others a hedge against political and economic adversity and a failing banking system. Regardless of its price fluctuations, BTC does something banks never can, it empowers the people that hold it.
2019-12-20 10:00 | |
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The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy.
2019-12-12 22:24 | |
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Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments.
2019-11-27 03:00 | |
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Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case.
2019-11-27 20:18 | |
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Singapore has always been seen as a hub of digital finance. Many of the world’s major blockchain and crypto conferences are held there and a lot of the region’s exchanges have chosen the island nation for its welcoming climes.
2019-11-21 11:28 | |
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The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms.
2019-11-21 13:11 | |
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Representatives of the current financial system are inadvertently extolling the virtues of Bitcoin at a higher frequently than ever before. The latest is Deutsche Bank President Karl von Rohr, who states that current methods intended to stave off economic crisis are lessening in efficacy.
2019-11-13 23:00 | |
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Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years.
2019-11-13 20:43 | |
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In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC.
2019-11-13 18:20 | |
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Monetary Authority of Singapore [MAS] recently revealed that it had collaborated with banking giant J.P. Morgan in order to develop a blockchain-based prototype. J.P. Morgan has always been bullishThe post Singapore's central bank to develop prototype for cross-border payments appeared first on AMBCrypto.
2019-11-11 09:00 | |
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Like many representatives of the current financial system, the former European Central Bank (ECB) president is not so keen on Bitcoin. Jean-Claude Trichet dismisses cryptocurrency as “pure speculation.
2019-11-11 04:20 | |
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Zhou Xiaochuan, the chairman of the People’s Bank of China from 2002 to 2018, has come out saying that Libra would work better if controlled by the International Monetary Fund (IMF). China has been watching Facebook’s Libra digital currency plans closely.
2019-11-9 00:12 | |
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A former head of China’s central bank has come out to say that Facebook’s Libra would be better served under the control of the International Monetary Fund (IMF). Facebook’s proposed digital payment platform continues to draw criticism from financial regulators around the world.
2019-11-8 14:10 | |
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The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments.
2019-11-8 00:32 | |
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The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020
2019-11-7 13:24 | |
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Sygnum, the Zurich-based crypto bank, has been awarded a banking licence to provide asset management services in Singapore. Announcing the news to the world, the bank said it had successfully been granted a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS)Monetary Authority of Singapore (MAS) which is an equivalent of a […]
2019-11-1 01:33 | |
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Sygnum, the first crypto-bank to get a banking license from Swiss regulators back in August, has now received a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).
2019-10-31 12:35 | |
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Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised.
2019-10-25 23:45 | |
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According to a recent report, Indian Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that many countries had advised against rushing into cryptocurrency while addressing questions on Facebook’s Libra during the annual meeting of the International Monetary Fund and the World Bank.
2019-10-20 09:22 | |
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Facebook’s Libra stablecoin, designed to facilitate international finance without the strains of government interference, has come under increasing pressure. This Friday, German Finance Minister Olaf Scholz added fuel to the fire, saying that Libra should be ‘prevented.
2019-10-20 17:20 | |
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Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power.
2019-10-18 22:00 | |
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Recent reports leak that the second-biggest bank in the US, has secretly piloted Ripple’s blockchain technology and is poised to do more with it. Late last year, during a seminar organized by the International Monetary Fund (IMF), Ripple recognized Warren Buffett-backed Bank of America as one of its customers during its presentation. Probed about whether […]
2019-10-17 19:28 | |
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The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported.
2019-10-17 10:00 | |
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Facebook’s proposed digital currency, Libra, appears to have forced the US Federal Reserve to reconsider the idea of issuing its own purely digital means of payment. The issue is expected to be a hot topic at meetings of the International Monetary Fund and World Bank this week.
2019-10-16 03:18 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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Whether you like it or not, central bank digital currencies are coming. We just don’t know when exactly. According to Dutch bank ING’s financial and banking experts, a “fully-fledged central bank digital currency is coming.
2019-10-14 12:54 | |
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President of the Russian Central Bank, Elvira Nabiullina, believes there is no immediate need for Russia to explore launching a sovereign digital currency. Despite having studied and researched these topics, the central bank doesn’t believe there are any obvious benefits to the economy, as reported by TASS, October 10, 2019 Happy With Current Monetary RegimeRead MoreRead More.
2019-10-11 21:00 | |
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Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates.
2019-10-13 01:38 | |
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BayernLB, a bank based in Munich, Germany, has produced a report on Bitcoin’s hard monetary policy versus those of various precious metals. Acknowledging Bitcoin’s halving schedule as unique in monetary assets, the bank makes a prediction of $90,000 per BTC following next year’s further restriction of supply.
2019-10-2 15:28 | |
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The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future.
2019-9-28 23:00 | |
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As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves.
2019-9-28 18:30 | |
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Mario Draghi, the outgoing president of the European Central Bank, mentioned the institution is open to Modern Monetary Theory—a fiscal and monetary framework that argues governments can keep printing money so long as inflation is in check.
2019-9-26 21:31 | |
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The Argentine peso monetary base will be increased by 2.5% per month in the next two months, the central bank announced
2019-9-20 20:05 | |
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Stocks in the Asia Pacific region diverged on Thursday, as investors assessed the Bank of Japan's (BOJ) latest policy decision, which maintained the status quo on a long-running stimulus program designed to boost growth and inflation.
2019-9-19 06:25 | |
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Stablecoins like Libra threaten the monetary policy of European countries, believes the European Central Bank board member.
2019-9-18 10:42 | |
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Three weeks back, the Bank of England Governor Mark Carney made an alarming comment on the global reserve currency, the US dollar. The economist said that the world’s reliance on the greenback “won’t hold” and a new global monetary and financial system backed by many more global currencies would replace it.
2019-9-13 16:00 | |
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According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory.
2019-9-13 15:00 | |
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Gold looked stronger than its digital rival Bitcoin on Wednesday as investors awaited the outcomes of a string of central bank meetings. The spot gold rate climbed 0. 49 percent in early European trading session to trade at $1,492.
2019-9-11 16:00 | |
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Asian stocks traded mostly higher on Wednesday, while U. S. Treasurys notched fresh monthly peaks ahead of one of the most anticipated central-bank meetings of 2019. In less than 36 hours, the European Central Bank (ECB) will deliver a policy statement that could usher in a new era of monetary easing.
2019-9-12 05:51 | |
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Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations.
2019-9-10 03:30 | |
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Many regulators and heads of financial institutions have expressed concern over cryptocurrencies and their use. Crypto assets come with many challenges that place financial institutions in an awkward position as far as dealing with digital assets goes.
2019-9-7 19:21 | |
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Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
2019-9-7 04:26 | |
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Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.
2019-9-7 20:17 | |
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The memecoin era just crossed a line no one expected this early. Dogecoin now has its own U. S. spot ETF. Grayscale has officially launched $GDOG, the first-ever spot Dogecoin ETF in the United States.
The decentralized prediction market sector just witnessed one of its biggest moments to date. @Rain__Protocol’s native token exploded more than 120% today after a public biotech company confirmed a massive nine-figure deployment into the ecosystem.
Key Takeaways: Monad Mainnet is now live, enabling real transactions, EVM-compatible app deployment, and early access to multiple consumer and DeFi apps. The launch introduces a high-throughput Layer-1 architecture using The post Monad Mainnet Goes Live as High-Speed L1 Opens With Full EVM Support and Day-One Apps appeared first on CryptoNinjas.
Key Takeaways: El Salvador acquired an additional 1,090.19 BTC worth about $101 million, its largest single purchase in months. The government’s accumulation goes beyond its ongoing 1 BTC per day The post El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip appeared first on CryptoNinjas.
Port3 suffered a critical exploit today. A single validation flaw inside Nexa Network’s cross-chain CATERC20 token standard opened the door to unauthorized minting and a rapid price collapse. What followed was a full-scale breakdown of the token’s security model, a multi-address exploit, and now a complete token migration to stabilize the ecosystem. The incident is [...]
Hyperliquid is entering a critical moment. The project’s first major cliff unlock since its Token Generation Event (TGE) in November 2024 is scheduled for November 29, and the market is already reacting.
Cardano faced a rare and serious network disruption this week after a malformed ADA delegation transaction triggered a long-standing code flaw and caused the blockchain to split into parallel chains.