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ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

New Zealand Eyeing the Possibility of Rolling Out a CBDC

New Zealand Eyeing the Possibility of Rolling Out a CBDC

New Zealand is in the race of setting up a central bank digital currency (CBDC) because it sees it as a stepping stone towards attaining an efficient monetary policy tool.

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender

El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.

Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars

Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars

As Bitcoin (BTC) briefly touched the $55K level, a fate last seen in May, profitability in this market scaled to new heights.

Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist

Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist

Paul Donovan, chief economist at UBS Global Wealth Management, believes that cryptocurrencies are flawed as their supply cannot be slashed when demand flops.

Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement

Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement

Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.

Why is the Bitcoin Price Correlation with the Stock Market Currently High?

Why is the Bitcoin Price Correlation with the Stock Market Currently High?

Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.

The Old World. What is going on with Digital Assets in Europe?

The Old World. What is going on with Digital Assets in Europe?

Europe is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.

One in Four South Korean College Students Has Invested in Cryptocurrencies

One in Four South Korean College Students Has Invested in Cryptocurrencies

A study shows 23.6% of South Korean college students are investing in cryptocurrencies.

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Pierre Rochard, a market analyst and a Bitcoin advocate, believes that most people will be more inclined to hold BTC than assets like stocks.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

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