‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem remains to be not related to fiat rails largely due to regulatory and...
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
On March 1, 2023, Nellie Liang, undersecretary for home finance on the U.S. Treasury, delivered a speech to the Atlantic Council in Washington in regards...
Crypto Policy: Kenyan Senate Ready to Engage Central Bank
The Kenyan Senate’s Information, Communication and Technology committee has mentioned it is able to have interaction the Central Bank of Kenya (CBK) and different stakeholders...
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
According to Agustin Carstens, the pinnacle of the Bank for International Settlements (BIS), cryptocurrencies have misplaced the “battle” in opposition to fiat currencies issued by...
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, defined in a current interview that the 5 main rising economies—Brazil, Russia, India, China, and South...
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the authorized authority to confiscate folks’s funds because of laws handed by...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar
Nouriel Roubini, an economist often known as “Dr. Doom,” has warned concerning the demise of the U.S. greenback and the rise of a “bipolar” world....
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ however Merchants Can Still Accept Them as Payment
The Bank of Namibia not too long ago mentioned it has introduced digital belongings and digital asset service suppliers below its fintech improvements regulatory framework,...
Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain know-how is “completely overrated,” regardless that the U.S. central...
China’s Digital Yuan Wallet App Now in iOS and Android App Stores
China’s central financial institution has launched its digital foreign money pockets app forward of the Winter Olympics. The pockets app for the digital yuan, also...