Crypto.com Approved by Monetary Authority of Singapore

4 hours ago | 2 mins read Exchange News Crypto.com will provide services under the Payment Services Act. Crypto.com has more than a million users globally. Today Crypto.com announced that The Monetary...

CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says

The BIS, an association of the world’s major central banks, dedicates a 42-page chapter in its 2022 Annual Economic Report to laying out a blueprint for the future of the global monetary system. In th...

Macro Guru Lyn Alden Says Only Bitcoin Can Solve Global Monetary Problems – Here’s Why

Macro strategist Lyn Alden is giving her followers a BTC crash course, shedding light on the blockchain’s potential to shape the future. In a series of tweets, Alden lays out her argument for why she ...

Bank of Israel, Hong Kong Monetary Authority to Test CBDC

The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The joint CBDC project will utilize a two-tiered system, once it begins in...

Almost $100M exits US crypto funds in anticipation of hawkish monetary policy

Institutional investors offloaded $101.5 million worth of digital asset products last week in “anticipation of hawkish monetary policy” from the United States Federal Reserve, according to CoinShares....

Crypto’s Rise Could Change Fed’s Monetary Policy, Says Top Bank Exec

John Williams – President and CEO of the Federal Reserve Bank of New York – believes the institution should closely monitor the transformations of the cryptocurrency industry and, if needed, make nece...

Fed Paper Sheds Light On Possible Impacts Of CBDCs On US Monetary Policy

The US has been giving constant thought to the Central Bank Digital Currency (CBDC) for quite some time now.  The US Federal Reserve has released the latest study on the potential impacts of a re...

Fed paper looks at the potential effects of CBDC on monetary policy

On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, ...

Fed minutes: May 2022 – Monetary policy may move into restrictive territory

Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, minutes from their me...

International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics – Bitcoin News

The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the g...

JPY forecast amid the Bank of Japan keeping the monetary policy easy

The rapid depreciation of the Japanese yen (JPY) in the last couple of years led to one of the most impressive moves seen in the FX market in recent history. The yen simply melted, losing value agains...

Crypto market is ‘immune to general monetary policy,’ study reveals

The debate around whether returns on cryptocurrencies are not affected by the ripple effects that are created by shifting monetary policy on a global scale continues. Apparently, international monetar...

Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy

The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...

The Weekly Wrap – Fed Monetary Policy Sinks Riskier Assets

The Stats While it was a busy week on the economic calendar for the week ending May 6, 2022, the Fed monetary policy decision was the main event. A total of 62 stats were monitored, following 56 stats...

Court Hits BitMEX Co-founders With $30M in Civil Monetary Penalties

The Commodity Futures Trading Commission (CFTC) on Thursday announced that the District Court for the Southern District of New York (SDNY) had issued a Consent Order against all three founders of cryp...

Stagflation risk rises as the Federal Reserve tightens monetary policy

The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep...

Tightening Monetary Policy Threatens Decentralized Finance and Crypto

Central banks are plotting to taper their balance sheets by as much as $410 billion for the rest of 2022 to deal with worsening inflation. The downside of this move could see crypto markets experience...

Monetary Authority Singapore (MAS) Tightens Process To Approve Crypto License

Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime...

Hong Kong Monetary Authority issues warning on stablecoins

The Hong Kong Monetary Authority (HKMA) has released a warning saying that stablecoins posed a risk to the stability of the Hong Kong dollar. The institution released the warning during a discussion p...

IMF Unveils Monetary Stability Report, Points Out Crypto Threats, Calls For Laws

IMF or International Monetary Fund has launched its quarterly Global Financial Report, and there is copious mention of cryptocurrency and its sophisticated role. In the report, the IMF talked about th...

Why do Economists think averaging Federal Reserve Monetary will boost crypto and gold?

Common thinking would suggest that if Federal Interest Rates went on to hike, then what would be safe to keep your money? Of course, crypto and gold To fight the uncontrolled and rampant battle agains...

Federal Reserve Monetary Meddling Will Push Crypto and Gold Higher: Economist

A well-renowned economist has predicted that the Federal Reserve interest rate hikes may ultimately result in safe-haven assets such as Bitcoin and gold increasing in value. The U.S. central bank is u...

‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review – The Weekly Bitcoin News

Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predict...

Here’s the playbook if the rest of the world breaks free from the U.S. dollar, says Credit Suisse’s monetary plumbing guru

It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the ...

The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System – Featured Bitcoin News

While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a g...

A New World Monetary Order is Emerging, and Bitcoin is Poised to Be a Part of It

It seems that the more intense the chaos, the deeper the changes emerge from it. In the present post-Covid-19 chaos of supply disruptions, 40-year high inflation rates, and a war in Europe—we seem to ...

The Week Ahead – Monetary Policy and Russia in Focus

On the Macro It’s a quieter week ahead on the economic calendar, with 34 stats due out through the week ending 08-April. In the week prior, 64 stats had been in focus. For the Dollar: Early in the wee...

‘We’re headed for a family feud’: My father offered his 3 kids equal monetary gifts. My siblings took cash. I took stock. It’s soared in value — now they’re crying foul

Dear Quentin, Several years before my father’s death, he offered me and my two siblings each an early “cash gift” from his estate in the amount of whatever the maximum non-taxable amount was at the ti...

Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim – Bitcoin News

Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assau...

U.S Mortgage Rates Hit 4% in Response to FED Monetary Policy and Projections

In the week ending 17th March, mortgage rates surged to 4% levels for the first time since 2019. 30-year fixed rates surged by 31 basis points to 4.16%. 30-year fixed rates had risen by 9 basis points...

Arab Monetary Fund Names RippleNet As Potential Alternative to Central Bank Digital Currencies

The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible alternative to central bank digital currencies (CBDCs). In a new report, ...

RippleNet Listed as Direct Alternative to SWIFT by Arab Monetary Fund Group

Tobias Lewis Arab central banks have been advised to consider RippleNet as an alternative to SWIFT An advisory group from the Arab Monetary Fund has listed RippleNet as a direct alternative to SWIFT. ...