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China’s Crypto Could Become a Global Reserve Currency: Circle CEO

Circle CEO Jeremy Allaire believes that China's developing "cryptocurrency" could propel the yuan to worldwide renown as a global reserve currency. Speaking to CNBC's Squawk Box, Allaire highlighted the budding prospects of the central bank digital currency (CBDC), suggesting that it could act as the "mechanism" for worldwide adoption of the yuan. дальше »

2019-9-14 20:39


U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week. дальше »

2019-9-13 00:00


Ron Paul Wants To Abolish The Federal Reserve. Let Cryptocurrency Do That Instead

The greatest threat to America’s democracy might not be the Russians, according to former Congressman Ron Paul. In an episode of his weekly Freedom Report, the occasional presidential candidate and supporter of the cryptocurrency movement spoke against the Federal Reserve’s potential influence over American elections. дальше »

2019-9-9 18:25


Federal Reserve Chair Jerome Powell Talks About Demand Of Central Bank Digital Currencies

The chair of the U. S. central bank (Fed), Jerome Powell, recently spoke about some of the hottest crypto subjects during a forum sponsored by the Swiss Institute of International Studies. During his presentation, he was asked whether central banks should issue their own centrally-backed cryptos and if they were losing an opportunity for not […] дальше »

2019-9-7 03:03


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Will The Next World Reserve Currency Be a Crypto?

The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back into history, there have been several world reserve currencies throughout the centuries. дальше »

2019-9-4 19:00


Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020

For both those involved in Bitcoin and traditional markets, all eyes have been on the Federal Reserve over the past few months. Related Reading: Bakkt Physically Settled Bitcoin Futures Product to Launch in September Many analysts claim that whatever the American monetary authority decides to do with monetary policy will dictate the direction for global. дальше »

2019-8-28 15:00


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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy. дальше »

2019-8-25 21:34


BOE Governor Calls for a Central Bank Crypto Asset to Take On US Dollar’s Dominance as a New World Reserve Currency

First they dismiss and laugh at you, then they criticise you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »

2019-8-24 01:26


India’s Colodax becomes latest exchange to list XRP; brushes off concerns over RBI restrictions

Recently, Ripple’s token XRP got listed on Colodax, the Indian crypto-exchange. Despite no real changes in its own price, the development shed light on the Indian cryptocurrency market, a country where just yesterday, the Reserve Bank of India’s jurisdiction on cryptocurrencies was questioned by the Indian Supreme Court. дальше »

2019-8-22 09:10


India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC

The Supreme Court of India today resumed the ‘Internet and Mobile Association of India vs RBI’ case hearing. Continuing from its last hearing on the 14th of August, IAMAI Counsel, Ashim Sood, today argued that the action of the Reserve Bank of India was against the “doctrine of proportionality,” besides being based on no study […] The post India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC appeared first on AMBCrypto. дальше »

2019-8-20 10:44