At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis."
Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that
In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis."
Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that
In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from
Data released by the Federal Reserve on Thursday has shown a new all-time high in the central bank's balance sheet. The U.S. monetary authority now holds $7.177 trillion worth of assets—from exchange-traded funds and Treasuries to mortgage-backed securities and credit facilities.
$7.177 trillion is
Many of the world's foremost central banks are signaling that the monetary world is about to undergo a dramatic overhaul. At the core of this: central bank digital currencies (CBDCs), government-sanctioned digital assets that will theoretically allow an expansion of monetary policy and encroachment on privacy.
Analysts say
Jay Clayton, Chairman of the U.S. Securities and Exchange Commission (SEC), says he is willing to facilitate the tokenization of exchange-traded funds (ETFs).
According to International Investment, Clayton said at a conference hosted by the U.S. Chamber of Digital Commerce that he is open to talks about the
Moving in line with other central banks, the Bank of Spain is working to pursue digital currencies further, a new plan released on Friday indicates.
The Spanish central bank, also known as Banco de España, released a strategic plan for its operations in the four years ahead. Along with noting
Three power plants in Iran have been given the green light to provide their surplus energy to Bitcoin miners to ramp up their revenue and ease pressure on the national grid.
The head of Iran's Thermal Power Plant Holding Company (TPPH), Mohsen Tarztalab, announced the news yesterday, revealing
