Search Results for: Focus

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

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A central bank digital currency (CBDC) may turn out to be the “single 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…

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

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Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable…

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters

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A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges….

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

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UNS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after…

Prüfbericht: China Will Become a Metaverse Tech Leader During 2023

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A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (KI), virtual reality (VR),…

Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets

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Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% im letzten 24 Std. Over the last seven days,…

Meta Winding Down Support for NFTs on Facebook, Instagram

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UNS. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

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Im März 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% im letzten 24 Std. SVB was forced to sell a $21 billion bond portfolio at a $1.8…

BIZ veröffentlicht Bericht über „Projekt Icebreaker“ – Entwicklung eines grenzüberschreitenden CBDC-Zahlungsmodells für den Einzelhandel

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The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Gold Bug Schiff sagt: „Die Monate rückläufiger Inflation stehen im Rückblick.“,„Anstieg der KI-Krypto-Assets, und mehr – Wochenrückblick

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Der Ökonom und Gold-Enthusiast Peter Schiff sagte, dass die USA. Die Fed muss möglicherweise kämpfen “völliger wirtschaftlicher Zusammenbruch” und Sie müssen sich mehr Sorgen machen als nur den aktuellen Kampf gegen die Inflation. In anderen Nachrichten, künstliche Intelligenz (KI) Krypto…