Bitcoin News / Bitcoin.com - 1 day ago
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include so...
Bitcoin News / Google News Bitcoin - 1 day ago
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions – Economics Bitcoin ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 days ago
The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill pro...
Bitcoin News / Google News Bitcoin - 3 days ago
Indian Central Bank RBI Warns Retail Investors of Crypto's Lack of Accountability and Stability – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 days ago
The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some crypto...
Bitcoin News / Bitcoin.com - 1 week ago
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just...
Bitcoin News / Bitcoin.com - 1 week ago
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles us...
Bitcoin News / Google News Bitcoin - 1 week ago
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency – News Bytes Bitcoin ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 week ago
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal...
Cryptocoins News / CoinJournal - 1 week ago
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph.
Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem.
Transition to real-world usage subject to final evaluations an...
Bitcoin News / Bitcoin.com - 2 weeks ago
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 2...
Bitcoin News / Google News Bitcoin - 2 weeks ago
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances – News Bytes Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 weeks ago
Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading. Nigerian authorities are re...
Bitcoin News / Bitcoin.com - 2 weeks ago
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness...
Bitcoin News / Bitcoin.com - 2 weeks ago
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the...
Cryptocoins News / Blockchain - 2 weeks ago
Bundesbank President Joachim Nagel emphasizes the need for central banks to adopt digital currencies and integrate distributed ledger technology to ensure their future relevance. (Read More)
Bitcoin News / Bitcoin.com - 3 weeks ago
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s dir...
Bitcoin News / Google News Bitcoin - 4 weeks ago
Swiss Central Bank’s Chairman Says He’s Dubious About Holding Bitcoin as a Reserve Currency: Report& & The Daily Hodl