Southeast Asia’s Largest Bank DBS Enters the Metaverse

DBS, the largest bank in Southeast Asia, says it isthe first bank in Singapore to make a foray into the metaverse.A DBS executive explained thatThe metaverse presents exciting opportunities to redefine how we live, work and engage with......

IMF Bailout Could Be in UK’s Future, Says Strategist

Mizuho Securitieshead of global macro strategies has warned that an IMF bailout may be in the U.K.s future. Es más, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst......

La Gran Agenda de Reinicio de WEF Continúa Obteniendo un Rechazo Significativo de los Críticos

Amid the Covid-19 pandemic in 2020, the worlds bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since......

Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’

Bank of Englands deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies arevery vulnerable to sentiment and prone to collapse.He urged regulators toget on with the joband regulate crypto under the principle ofsame......

El fiscal general de Nueva York advierte sobre invertir en el criptomercado: dice que es extremadamente impredecible, Inestable

La fiscal general de Nueva York, Letitia James, emitió una advertencia sobre invertir en criptomonedas. She said the crypto market isextremely unpredictable” y “unstable,” noting that the marketreached record lowslast month. NY Attorney General Warns About Cryptocurrency New York......

Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

El Salvador’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Mientras tanto, he expects El Salvadors Bitcoin City to commence construction during the year and his countrys......

Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They’re Risky

Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. Sin embargo, he noted that they are risky and “allá’s big consumer issues for consumers who may or may not understand what theyre getting.Fed......

Crypto Flash Crash impulsa a El Salvador a comprar el Dip — 150 Bitcoins agregados al Tesoro

As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran......

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Bank of Englands deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sectors rapid growth. Crypto is also being integrated into the traditional financial......

Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System

The Bank of England says that crypto assets poselimiteddirect risks to the stability of the country’sistema financiero. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the......