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US Federal Reserve would soon release ‘detailed plans’ for a digital dollar

In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate. дальше »

2021-10-6 16:00


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Edward Snowden Predicts Massive Bitcoin Adoption by Governments

El Salvador became the first country in the world to officially recognize the cryptocurrency as legal tender this week. The news comes after President Nayib Bukele introduced legislation to accept the digital currency — alongside the US dollar — back in June and started to build out new financial infrastructure with the digital […] дальше »

2021-9-11 18:52


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Mexican Billionaire Ricardo Salinas Endorses Bitcoin (BTC), Calls Dollar a Joke

Mexico’s third wealthiest billionaire Ricardo Salinas is a bitcoin (BTC) permabull. Fiat Is a Fraud, Buy Bitcoin Ricardo Benjamin Salinas Pliego, a Mexican billionaire businessman, founder, and chairman of Group Salinas, a group of firms involved in telecom, media, financial services, and retail services recently went on record to call fiat currencies a fraud. TheRead More дальше »

2021-6-28 00:02


Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems

Everyone wants digital currencies as countries look to eliminate the dollar, but retail demand for long positions declines, with institutions on the sideline after the recent deep rut. The post Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems first appeared on BitcoinExchangeGuide. дальше »

2021-6-4 16:47


Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC

Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-5-21 16:00


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Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […] дальше »

2021-4-9 10:30


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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […] дальше »

2021-4-1 03:30


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Russia and China De-dollarization Approaching ‘Breakthrough Moment’

China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times […] The post Russia and China De-dollarization Approaching ‘Breakthrough Moment’ appeared first on Bitcoin News. дальше »

2020-8-21 00:30