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” European Central Bank blasts Bitcoin —community responds “ In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push for more clear guidelines and regulations on cryptos. The European Central Bank (ECB) released a blog post titled “Bitcoin’s last stand” on Nov….
” National Bank of Ukraine releases draft concept for digital hryvnia “ The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia. Ukraine’s central bank on Nov. 28 released a statement on the concept of e-hryvnia, which aims to perform all the…
” Russia intends to launch a ‘national crypto exchange’ “ Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country. As local media reported on…
” Central banks can use Bitcoin to fight off sanctions: Harvard research “ A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers. A working paper, titled “Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves,” released by Matthew Ferranti, a Ph.D….
” Singapore central bank explains why Binance was on its alert list, but FTX wasn’t “ The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions that have arisen in the wake of the FTX.com (FTX) debacle.” The first point MAS wanted to make…
” Hong Kong believes stablecoin volatility can spillover to traditional finance “ The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over…
” Crypto no more in top 10 most-cited potential risks: US central bank report “ While proponents of traditional finance remain keen on dismissing Bitcoin (BTC) and the crypto ecosystem as financial risks, a survey conducted by the Federal Reserve Bank of New York — one of the 12 federal reserve banks of the United…
” Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes “ Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of…
” CBDCs are a declaration of war against the banking system claims economist “ CBDCs are a declaration of war against the banking system, Richard Werner — development economist and professor at De Montfort University — told Cointelegraph at Web Summit on Nov. 4. Known for his quantitative easing theory, published almost 30 years ago,…
” Inflation is killing us; cryptocurrency alone cannot beat it “ Much like a pandemic, inflation has spread throughout the world, clouding the future with dark uncertainty. Disagreement over how to best manage soaring prices in the United Kingdom nearly caused its economy to collapse and subsequently led to the resignation of Prime Minister Liz…