Search Results for: will not replace cash

US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil

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En Lundi, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDC), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against cryptocurrencies.” Kennedy, who recently filed…

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

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In a new directive to financial institutions, la Banque centrale du Nigéria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. le…

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

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The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System…

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals

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Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult…

Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro

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Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDC) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term inclusion,…

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

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Au cours des dernières semaines, 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…

La BCE choisit Amazon et 4 D'autres entreprises pour aider à développer l'euro numérique

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The European Central Bank (BCE) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to…

Le grand programme de réinitialisation du WEF continue d'être fortement critiqué par les critiques

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Au milieu de la pandémie de Covid-19 en 2020, le monde’les bureaucrates, institutions financières, Entreprises multi-nationales, et les organisations internationales ont commencé à promouvoir le concept de Great Reset, une idée lancée par le Forum économique mondial (FEM) qui prétend soutenir un monde plus vert et plus juste. Depuis…

CIO de Blackrock: Bitcoin et Crypto sont des actifs durables - Les prix vont augmenter

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Le directeur des investissements des titres à revenu fixe mondiaux chez Blackrock, le monde’le plus grand gestionnaire d'actifs, dit que le bitcoin et la crypto sont des actifs durables. “Je pense que’s un recalibrage sain est en cours,” il a dit, en notant que “if you look two to three years…

Le chef de la BCE, Lagarde, déclare que l'euro numérique ne remplacera pas l'argent liquide - mais pourrait offrir une solution pratique, Moyens de paiement gratuits

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The president of the European Central Bank (BCE), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to pay and make it easier to…