CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
During the weekend, discussions about central financial institution digital currencies, or CBDCs, trended on social media as many individuals imagine the concept will lead to...
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central financial institution digital forex (CBDC) in a latest opinion editorial. Krugman instructed...
Blackrock CEO Expects Inflation to Persist, however No Major US Recession in 2023
Blackrock’s CEO, Larry Fink, acknowledged in an interview on Friday that he doesn’t anticipate a “big recession” within the United States. However, he believes that...
Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters
The Russian central financial institution has attributed the ruble’s newest plunge in opposition to the U.S. greenback to the short-term discount “in sales of foreign...
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
A Pheu Thai candidate operating for prime minister of Thailand place, Srettha Thavisin, has promised that each citizen within the nation will obtain 10,000 Thai...
Hidden Treasure: Every Modern Copy of macOS Contains a Copy of Bitcoin’s White Paper
On April 5, 2023, the unbiased blogger Andy Baio revealed a put up on his Waxy Blog that defined each model of macOS from Mojave...
March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs
According to statistics, 4,498 blocks have been mined within the final 30 days, creating 28,112 new bitcoins over the previous month. Bitcoin’s community hashrate has...
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
According to a latest white paper printed by 4 members of the regulation agency Cooper & Kirk, PLLC, U.S. financial institution regulators try to “drive...
Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
On Monday, U.S. president Joe Biden printed the administration’s financial report and addressed the topic of cryptocurrencies. The part titled “The Perceived Appeal of Crypto...
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
On Sunday night, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, together with a number of central banks together with the...