2020-6-13 21:00 |
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets.
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If you were to ask a Bitcoiner in the early 2010s their vision for the world come the end of the decade, an answer involving Bitcoin close to $10,000 and a burning central bank would not be far off.
2020-6-13 11:00 | |
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Lebanon is one of the many countries where financial hardship has become the new normal. One official working for the Banque du Liban has now been arrested over currency manipulation concerns. Central banks are often considered to be a plague among society.
2020-5-19 00:00 | |
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Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation deteriorating “terrifyingly.
2020-5-5 20:30 | |
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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.
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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.
