Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

ZDA. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

ZDA. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) avtor 75 bazične točke (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Hongkong predstavlja prototip digitalne valute, Projekt Gold

Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising

Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation

The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known asLula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

Kitajska’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the Peoples Bank has been stepping

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscows decision to invade Ukraine was met with wave after wave of Western sanctions….

Banka Rusije omilila omejitve pri nakupu gotovine v dolarjih in evrih

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver

Singapur zahteva podrobne informacije od kripto podjetij pred novimi predpisi, Razkritja poročila

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-states central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the…