Search Results for: Bank Rate

Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

に

Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules…

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

に

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

に

Former Chief Technology Officer at Coinbase, バラジ スリニバサン, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. ドル. Srinivasan paid a total of $1.5 100万, more than the initially…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

に

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

5月のアップグレードで「イーサリアム上のスマートコントラクトと同等」のビットコインキャッシュスマートコントラクトが可能に, 「1000倍の効率の利点」: 開発者ジェイソン・ドライゼナー

に

自由推進テクノロジーの擁護者でソフトウェア開発者のジェイソン・ドレイゼナー氏は最近、5月に予定されているビットコインキャッシュネットワークのアップグレードについて電子メールでBitcoin.comニュースに語った。 15. この日に可決される予定の改善提案の中で最も話題になっているものの 1 つ —…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

に

今週, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

に

On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (雲母). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their…

China Pushes Digital Yuan for Wage Payments in Changshu

に

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the…

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

に

Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country…

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

に

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…