central banks

central-bank-of-hong-kong-releases-guidance-on-digital-asset-custody-for-institutions
Posted by | February 20, 2024
Central Bank of Hong Kong Releases Guidance on Digital Asset Custody for Institutions

Hong Kong’s central bank is releasing new guidelines for institutions interested in offering crypto custodianship services. The Hong Kong Monetary Authority (HKMA) published new guidelines this morning for financial institutions...

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Posted by | December 15, 2023
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report

The growth of stablecoins such as tether (USDT) and USD Coin (USDC) poses challenges to central banks because, despite their name, they often lack stability, Bank of Korea Governor Rhee...

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Posted by | November 29, 2023
Central Banker Says Crypto ‘Miserably’ Failed Test of Money, Will Make Way for CBDCs and TradFi Products: Report

The head of Singapore’s central bank doesn’t think crypto has a future in financial services. Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said in a...

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ripple-to-partner-with-georgia’s-central-bank-in-the-eurasian-country’s-cbdc-pilot
Posted by | November 4, 2023
Ripple To Partner With Georgia’s Central Bank in the Eurasian Country’s CBDC Pilot

Payments platform Ripple Labs is collaborating with the central bank of Georgia to create the nation’s first central bank digital currency (CBDC) pilot program. In a new company blog post,...

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bitcoin-holds-steady-above-$34k-after-hawkish-boj-decision
Posted by | October 30, 2023
Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision

Bitcoin (BTC) continues to trade above $34,000 after the Bank of Japan (BOJ) softened its grip on the “yield curve control” (YCC) program, counteracting the Federal Reserve’s liquidity tightening. At...

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billionaire-ray-dalio-predicts-return-of-money-printing-spree,-says-federal-reserve-continuing-to-lose-money
Posted by | October 10, 2023
Billionaire Ray Dalio Predicts Return of Money-Printing Spree, Says Federal Reserve Continuing To Lose Money

Billionaire investor Ray Dalio believes it’s only a matter of time before the Federal Reserve loosens its monetary policies. In a new Fox Business interview, Dalio says that central banks...

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bank-for-international-settlements-and-european-central-banks-developing-crypto-and-defi-tracking-system
Posted by | October 4, 2023
Bank for International Settlements and European Central Banks Developing Crypto and DeFi-Tracking System

The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeFi) tracking system. In a new publication, the BIS unveils...

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$73,000,000,000,000-wealth-transfer-incoming-–-here’s-who-will-gain-the-most,-according-to-billionaire-ray-dalio
Posted by | September 8, 2023
$73,000,000,000,000 Wealth Transfer Incoming – Here’s Who Will Gain the Most, According to Billionaire Ray Dalio

Billionaire investor Ray Dalio believes a historically massive transfer of wealth has been quietly boosted by central banks around the world. An estimated $73 trillion transfer of wealth is now...

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fed-president-warns-of-recession-amid-banking-crisis,-says-fomc-committed-to-hammering-inflation
Posted by | April 12, 2023
Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation

The President of the Minneapolis Federal Reserve Bank is issuing a warning, saying that a recession could be around the corner as a banking crisis puts pressure on the US...

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bank-for-international-settlements-will-test-defi-implementation-in-forex-cbdc-markets
Posted by | November 2, 2022
Bank for International Settlements will test DeFi implementation in forex CBDC markets

The centralized financial institution says the automated market making technology in DeFi can serve as a “basis for a new generation of financial infrastructure.” 569 Total views 9 Total shares...

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