CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

A central bank digital currency (CBDC) may turn out to be thesingle largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal

Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes

Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, Zum Beispiel, now expect the Fed to raise interest rates three more times this year….

Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight

Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but byloose governance,…

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Es ist Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, mit…

Die brasilianische Wertpapierkommission CVM öffnet einen Weg für Fonds, in Krypto zu investieren

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

Am 11. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 Basispunkte (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Die Fed kodifiziert die vierte Zinserhöhung in Folge um 75 Basispunkte – Aktien, Bitcoin, und Metals Rise

Die USA. Die Federal Reserve hat am Mittwoch eine weitere massive Zinserhöhung eingeführt, November. 2, 2022, durch eine Erhöhung des Federal Funds Rate (FFR) durch 75 Basispunkte (bps). Die amerikanische Zentralbank sagte am Mittwoch, dass die Zinserhöhung darauf abzielt, die Inflation einzudämmen…

Devisenstrategen von Citi sagen, dass der Euro sinken könnte $0.86 wenn die Makroturbulenzen anhalten

While the euro has found support between 0.96 zu 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,

Kolumbien plant die Einführung digitaler Währungen, um Steuerhinterziehung zu reduzieren

Die kolumbianische Regierung gab bekannt, dass sie Pläne zur Einführung einer digitalen Währung hat. Einer der Zwecke dieser neuen Währung wäre es, Steuerhinterziehung einzudämmen und die Rückverfolgbarkeit von Transaktionen der Bürger zu verbessern. The proposed measure would also