2019-11-18 09:40 |
Both times involved a new economic class with something to fight for. From a merchant class trying to break the economic stranglehold of feudal landlords and the church to the millennials
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When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.
2019-2-5 23:06 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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The Czech National Bank, the central bank of the Czech Republic, has established a $1 million digital asset portfolio pilot, with plans to hold Bitcoin, a stablecoin and tokenized asset.
Despite growing buzz around crypto, only 3% of central banks plan to hold Bitcoin reserves over the next decade, according to OMFIF’s latest survey. Bitcoin (BTC) may be gaining traction globally, but only a sliver of central banks are planning…
Cecilia Skingsley will leave her role as head of the BIS Innovation Hub next month, cutting short her five-year term by two years amid a broader leadership reshuffle at the central bank body. The Bank for International Settlements digital currency…
The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.