The International Monetary Fund (IMF) managing director has called for a “ prudently designed” central bank digital currency to rival private forms of crypto-assets and stablecoins. “If CBDCs are desi...
Tag: Currencies
Crypto Is No Match for Well-Designed Central Bank Digital Currencies – Regulation Bitcoin News
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “I...
IMF Favors Central Bank Digital Currencies Over Crypto, According to Managing Director
The International Monetary Fund (IMF) thinks central bank digital currencies (CBDCs) could be a better bet than crypto. Kristalina Georgieva, the managing director of the IMF, says in a new statement ...
Super Bowl And Crypto – Athletes Cashing on Digital Currencies
This weekend, you can get ready for the “Crypto Bowl.” For the first time, advertisements for cryptocurrency firms are anticipated to dominate the commercial breaks during the year’s most important at...
Russia Expected to Regulate Crypto Like Foreign Currencies: Report
The Russian government and the country’s central bank have reached an agreement on how to regulate Bitcoin and other cryptocurrencies in a plan to recognize digital assets as a form of currency....
Central Bank Digital Currencies are not Crypto
CBDCs and cryptocurrencies are two very different things. A public that is uneducated on the matter could well misunderstand the two types of currencies, leading to what may be quite far-reaching cons...
Russia agrees to treat crypto assets as currencies
TL;DR Breakdown The Russian government and the central bank have agreed to legally recognize crypto assets, like Bitcoin and Ethereum, as currency. The new decision will impact the dealing of digital ...
Russia to Recognize Crypto Assets as Currencies: Report
Share this article According to the Russian newspaper Kommersant, Russian authorities are drafting comprehensive legislation on the circulation of digital currencies. The Russian government will recog...
Russia: Govt, top bank see cryptos as ‘analogue of currencies’; release draft bill soon
After months of speculation and opposing debates, Russia has surprised the cryptocurrency industry by agreeing to recognize Bitcoin as currency. This comes after the Russian government and central ban...
Erik Voorhees: Central Bank Digital Currencies Are ‘Orwellian Spy Surveillance Nightmare’
Erik Voorhees is many things: Bitcoin O.G., outspoken libertarian, and founder of the crypto exchange company-turned-DAO ShapeShift. He also hates the concept of central bank digital currencies (CBDCs...
Ricardo Solinas Pliego: Bitcoin better than fiat currencies
During an interview with Bitcoin Magazine, the third richest man in Mexico, Ricardo Salinas Pliego, head of an industrial agglomeration with interests in energy, telecommunications, media and finance,...
The Future Of Digital Currencies? ⋆ ZyCrypto
Advertisement     Unlike many other digital currencies, StandardDAO is the first decentralized treasury of Standard Assets and represented by the protocol’s native tok...
Cornerstone FS to Acquire Capital Currencies for £3 Million
Cornerstone FS (AIM: CSFS), a cloud-based provider of currency risk management and international payments, has entered into a conditional agreement for the acquisition of Capital Currencies Limited fo...
Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies
The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to d...
Central banks are being left behind by the breakneck speed of private currencies
Central banks see crypto and private payments as anathema to their vision of a world that they totally control through their own programmable digital currencies. The threat is, that before they can lu...
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported th...
Iran to legalize digital currencies for international trade
The use of digital currencies is becoming highly popular in countries whose fiat currency value is being affected by external factors. The Iranian rial has been suffering from the effects of the sanct...
Fed Chair Jerome Powell Says Full Report on Digital Currencies To Be Released in Coming Weeks
U.S. Federal Reserve chair Jerome Powell says that the government’s report on digital currencies, which was supposed to be released last year, will come out in the next few weeks. In July, Powell said...
Jerome Powell says report on digital currencies is ready to go
The US Federal Reserve Chair Jerome Powell today said that the government report on cryptocurrencies is expected to come out “within the next few weeks”. However, answering questions from Senator Mike...
Powell says delayed Fed report on digital currencies will be released ‘within weeks’
advertisement Chairman of the Federal Reserve Jerome Powell has assured Congress that the Fed’s much-anticipated report on cryptocurrencies will be out “within weeks.” Powell’s...
Bitcoin Boom: Central Banks Examining How To Launch Digital Versions Of Their Own Currencies
The crypto industry witnessed an advanced surge, with Bitcoin touching all-time highs. 2021’s beginning marked Bitcoin trading at $29,000, which reached $68,000 in October, up a 130% surge. MicroStrat...
Maverick FX Changes Corporate Name to Maverick Currencies
On January 3, Maverick FX, the foreign currency trading division of the major proprietary trading company, Maverick Trading, announced that changed its name. The company stated that as from January 1s...