The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via auto...
Tag: Monetary
Coinbase Noted It is Attentive to the Proposed Monetary Policy By ATOM
According to reliable reports, Coinbase has a 90 million active user base globally. On Thursday, an official research report from Coinbase stated that Cosmos’ new road map seeks to establish Interc...
How The Fed’s Monetary Policy Has Raised Inflation For Some Americans
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after a Federal Open Market Committee meeting on January 29, 2020 in Washing...
Have the bond vigilantes who attacked the U.K. killed off modern monetary theory? MMT proponent Stephanie Kelton says that’s nonsense.
As investors assesses the remarkable turnaround in fiscal policy from one of the world’s number-six economy, the U.K., the one conclusion surely is that a nation’s financial flexibility is limited by ...
Former Morgan Stanley CEO: Crypto Could Become ‘a Huge Way’ That Monetary Transactions Take Place
Former CEO’s Thoughts on Bitcoin and Crypto John Mack, Former CEO of Morgan Stanley has confirmed when he was asked about whether he owns Bitcoin or not ? He stated that he “owns” it. He admitted that...
Ex-Morgan Stanley CEO admits crypto could be ‘a huge way’ powering monetary transactions
As the cryptocurrency sector matures, there remains uncertainties regarding how the industry will evolve and integrate into the traditional financial space. Notably, a section of leading Wall Street p...
Crypto Could Become ‘a Huge Way’ That Monetary Transactions Take Place – Featured Bitcoin News
Former Morgan Stanley CEO John Mack has confirmed that he still owns bitcoin. While admitting that it is hard for him to understand why crypto has value, the former executive believes that 50 years fr...
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. Inflation is a buzzword penetrating the f...
Steve Forbes Warns Jerome Powell To Junk “Highly Destructive” Monetary Policy
It has been holy writ among central banks that the goal of monetary policy should be to achieve a 2% rate of inflation. Federal Reserve boss Jerome Powell, for example, says he will fight the current ...
‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will result in a recession. “I will be...
Bank of England: new monetary policies
In a decidedly unexpected move, the Bank of England (BoE) is, on the one hand, raising interest rates to fight inflation and on the other, printing money (which is usually at odds with the previous mo...
Wall Street Risks a Breaking Point After Week of Monetary Mania
(Bloomberg) — Central bankers are hellbent on tightening the monetary spigots even if something in financial markets breaks. After haywire cross-asset moves this week, that tipping point looks d...
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation data for Augu...
How Ethereum’s monetary policy will change after The Merge
Ethereum is on the brink of The Merge, which will transition the network from proof of work to proof of stake. This major shift is being undertaken primarily to reduce the network’s energy consumption...
Don’t Miss Cato’s 40th Annual Monetary Conference
WASHINGTON – NOVEMBER 14: Chairman of the Federal Reserve Board Ben Bernanke addresses the Cato … [+] Institute’s 25th Annual Monetary Conference November 14, 2007 in Washington, DC....
International Monetary Fund Says Crypto Assets Have Mainstream Presence
The crypto ecosystem is evolving very rapidly. Regulators are now finding it hard to keep up with the regulation strategies. In the sight of this, the International Monetary Fund (IMF) published a rep...
Bitcoin projected to become first monetary system to hit net zero emissions by 2024
Bitcoin (BTC) continues to receive criticism regarding its carbon footprint impact as the asset records significant adoption in different jurisdictions. However, the situation might be changing, espec...
IMF Says Crypto and Central Banks Could Set the Stage for Rich and Diverse Monetary Ecosystem – Here’s How
The International Monetary Fund (IMF) says that collaboration between central banks and crypto technology could create an innovative and efficient monetary ecosystem. In a new report written by execut...
BIS executives say digital technologies are key to rich monetary systems
Join Our Telegram channel to stay up to date on breaking news coverage Central bank digital currencies (CBDCs) have been at the heart of discussions in many central banks worldwide. According to centr...
Crypto’s adaptability, openness key to ideal monetary system, say BIS execs
Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical prowess supported by the central bank’s underlying...
CBDC an ideal monetary system
International Monetary Fund (IMF) executives have lauded the qualities of the Central Bank Digital Currency (CBDC). According to a publication by the body, they have attributed several qualities to th...
Cardano’s Charles Hoskinson Says, Crypto is The way Out As “Central Banks Can’t Be Trusted With Monetary Policy”
– Advertisement – Hoskinson says crypto is the way out. Cardano founder Charles Hoskinson warned that tough times lay ahead, calling out the Fed for their poor decision-making in previou...
Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is r...
El Salvador ’s Bitcoin Policy Leads the Global Monetary: Simon Dixon
The well-known investor, Simon Dixon, points out Bitcoin Policy of El Salvador as “very responsible.” He believes the country could also pull itself out from huge debt, if its Bitcoin policy succeeded...