Opinion
The centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change!
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Central Bank News
A central or reserve bank is a governmental financial institution that controls the state’s currency, interest rates and money supply. A central bank is often the regulator of the commercial banking system of its country and acts as a “lender of last resort” to the banking sector when banks find themselves unable to obtain sufficient liquidity without the help of the regulator. A central bank is supposed to be maximally independent from political interference, but usually is under limited control. The main goals of a central bank are high employment, price stability and economic growth, which are achieved with macroeconomic reforms, fights against inflation, capital investments and consulting activities. The main instruments of a central bank are control over interest rates, open market regulations, capital and reserve requirements and regulating currency exchanges.
- News
JPMorgan believes that central bank digital currencies may undermine the hegemony of the US dollar.
5311 - Opinion
The COVID-19 pandemic has revealed serious problems of the currently existing financial system as well as the Bitcoin’s benefits over it.
55141 - News
The launch date of China's long-awaited digital yuan remains a secret, creating space for potential fraud.
6036 - News
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking.
7796 - News
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co.
12995 - Opinion
The COVID-19 pandemic is making cash-based societies all over the world sink into oblivion with the help of decentralized technologies.
7240 - News
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.
6759 - Expert Take
Advantages and challenges in the usage of blockchain in digital services provided by governments: Overview with a close look at Brazil.
4968 - Opinion
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular.
11916 - Markets News
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash.
2978 - Markets News
What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters.
13410 - News
The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year.
6837 - Markets News
Yet another unprecedented move from the U.S. central bank to shore up the fiat economy means that it is violating its own charter, critics warn.
47489 - News
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies.
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