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Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

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A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector…

El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues

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A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked…

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment

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Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” jedoch, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature…

SEC-Vorsitzender hält es für wichtig, Krypto-Emittenten und -Vermittler zu regulieren

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The chairman of the U.S. Wertpapier- und Börsenkommission (SEK), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. Zusätzlich, die USA. Treasury Department’s Financial Stability Oversight Council (FSOC) has recommended that regulatory…

US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

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UNS. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEK), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at…

Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’

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In den letzten Wochen, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero…

Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept

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The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say:…

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

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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…

Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’

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Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. ist “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course…