Crypto, DeFi may widen wealth gap, destabilize finance: BIS report

Crypto, DeFi may widen wealth gap, destabilize finance: BIS report

The Bank for International Settlements warns that crypto and stablecoins may destabilize finance and widen inequality, urging stronger regulation in response. The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April 15 report, the BIS warned that…

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Swedish MP proposes Bitcoin reserve to finance minister

Swedish MP proposes Bitcoin reserve to finance minister

The MP proposed a “budget-neutral” Bitcoin reserve to the finance minister, inspired by US President Donald Trump’s March 7 executive order. A member of Sweden’s parliament has proposed adding Bitcoin to the country’s national foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States. Swedish MP Rickard…

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Bitcoin ‘decouples,’ stocks lose .5T amid Trump tariff war and Fed warning of ‘higher inflation’

Bitcoin ‘decouples,’ stocks lose $3.5T amid Trump tariff war and Fed warning of ‘higher inflation’

Bitcoin adds gains as US stock markets drop a record $3.5 trillion in value and Federal Reserve Chair Jerome Powell warns of “higher inflation and slower growth.” As stock markets crumbled for a second day on April 4, US Federal Reserve Chair Jerome Powell said that the Trump administration’s “reciprocal tariffs” could significantly affect the…

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#Crypto debanking is not over until Jan 2026: Caitlin Long

#Crypto debanking is not over until Jan 2026: Caitlin Long

Crypto debanking efforts may continue until January 2026, when Trump can appoint a new Federal Reserve Governor, according to blockchain regulatory advisers. Update March 22, 2025, 10:08 a.m. UTC: This article has been updated to include an embed of the Chainreaction episode. The cryptocurrency industry may still be facing debanking-related issues in the United States,…

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#Why is Bitcoin price down today?

#Why is Bitcoin price down today?

Bitcoin may drop toward the range low at $78,200 range in the coming days if it loses the key support provided by the 200-day EMA trendline. Bitcoin’s (BTC) price has dropped by over 5% over the last 24 hours to $88,100 after President Donald Trump’s US Strategic Bitcoin Reserve failed to meet expectations. BTC/USD daily…

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#Israel releases preliminary CBDC design for digital shekel

#Israel releases preliminary CBDC design for digital shekel

The Bank of Israel released a preliminary design for a digital shekel, detailing its ecosystem, technical framework and regulatory considerations. The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch. On March 3, the…

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