ECB inches forward with plans for wholesale CBDC

    coingeek 2023-10-04 78434 views Web3
    ​The European Central Bank (ECB) has confirmed its interest in probing the possibilities of blockchain technology settlement for financial services, focusing on central bank digital currency (CBDC).

    Hong Kong to issue stablecoin regulations by 2024

    coingeek 2023-09-27 30055 views Trending
    ​Hong Kong is conducting a second round of consultations for a stablecoin regulatory framework, a local legislator recently revealed.

    Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?

    cointelegraph 2023-09-26 46612 views Trending
    An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.

    Deutsche Bank strikes partnership with Taurus to offer digital currency custodial services

    coingeek 2023-09-25 42755 views Trending
    The move will see Germany’s largest lender hold digital assets like BTC and Ethereum (ETH) for clients after months of consultation with regulators. In June, the company announced that it had received a digital custody license from Germany’s lead financial agency, BaFin.

    Tether reneges on halting loans to ‘crypto’ deadbeats, seals mega AI deal

    coingeek 2023-09-22 34755 views Trending
    Tether is coming under fire for reneging on its promise to eliminate third-party loans while also making a nearly half-billion-dollar investment in an artificial intelligence/BTC mining operation.

    Bitcoin pioneer Hal Finney talks zk proofs in 25-year-old unearthed footage

    cointelegraph 2023-09-21 40643 views Trending
    A recently resurfaced video shows Hal Finney discussing the possibility of zero-knowledge proofs at an annual cryptology conference in California some 25 years ago.

    Thailand’s Kasikornbank launches $100M fund for Web3, AI projects

    coingeek 2023-09-20 35050 views Trending
    ​Kasikornbank, Thailand’s second-largest commercial bank, has unveiled a $100 million fund focused on artificial intelligence (AI) and Web3 projects.

    North Korean hackers funneling stolen tokens through Russian exchanges

    coingeek 2023-09-19 71736 views Trending
    ​North Korea shows no sign of slowing its ‘crypto’ hacking operations and is increasing its use of Russian digital asset exchanges to launder its ill-gotten gains.

    BIS partners with Israel, Hong Kong for retail CBDC experiment

    coingeek 2023-09-18 49339 views Trending
    ​The Bank for International Settlements (BIS) has announced the completion of the Proof-of-Concept (PoC) for a new retail central bank digital currency (CBDC) model with inclusivity and privacy at the core.

    Ethereum’s Holesky Testnet Fails to Launch, in Rare Tech Misstep for the Blockchain

    coindesk 2023-09-18 65566 views Trending
    Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.

    Reserve Bank of India urges self-regulatory body for fintech firms

    coingeek 2023-09-15 64033 views Trending
    ​The Reserve Bank of India (RBI) has urged financial technology firms to build a self-regulatory organization (SRO) to guide the sector’s operations to achieve innovation and consumer protection.

    Google commits $20M to responsible AI initiatives

    coingeek 2023-09-15 38386 views Trending
    ​As concerns over the risks of artificial intelligence (AI) grow louder, Google has pledged $20 million to support efforts addressing the challenges and opportunities in the sector.

    Bitcoin Venture Capital Is Anything but Boring: Crypto Long & Short

    coindesk 2023-09-14 37514 views Trending
    Bitcoin Core's methodical development fuels the idea that “nothing is happening on Bitcoin,” but innovation is actually robust.

    CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

    coindesk 2023-09-13 75817 views Trending
    Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors

    Are NFT markets in a death spiral or ready for a resurgence?

    cointelegraph 2023-09-13 35400 views NFT
    NFTs have taken a massive hit since the 2021 bull market, but some experts say they could make a comeback.Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence.

    Bitcoin derivatives data suggests BTC price holds the current range

    cointelegraph 2023-09-13 67300 views Trending
    BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction.Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls.

    IMF, FSB joint paper outlines digital asset policy recommendations

    coingeek 2023-09-12 50984 views Trending
    The International Monetary Fund (IMF) and the Financial Stability Board (FSB), at the request of the Indian G20 presidency, have released a joint policy paper with recommendations related to “macroeconomic and financial stability risks associated with crypto-assets.”

    The rise of digital nomads: How Filipinos are adapting to the evolving labor market

    coingeek 2023-09-12 48986 views Trending
    Situated on the eastern rim of the Asiatic Mediterranean, the Philippines straddles the typhoon belt and sits close to the Pacific Ring of Fire, where intense seismic activities and volcanic eruptions often occur. But while the country of nearly 114 million people has gotten used to these circumstances, nothing prepared the developing nation for the crisis that hit in 2020.

    10 years later, still no Bitcoin ETF — but who cares?

    cointelegraph 2023-09-11 37299 views Trending
    The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create.The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange Commission has rejected more than a dozen additional applications and repeatedly punted the date for deciding on others.

    What is quantitative easing, and how does it work?

    cointelegraph 2023-09-11 53674 views Trending
    Quantitative easing entails the central bank acquiring financial assets off the market, such as government bonds. When interest rates are low and conventional measures are less successful, central banks use the monetary policy tool known as quantitative easing (QE) to boost the economy. The central bank initiates QE by acquiring financial assets from business banks, financial institutions and, occasionally, the open market. Government bonds are the most commonly bought assets, but central banks can also purchase corporate bonds or mortgage-backed securities.
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