spot_img
15.3 C
London
spot_img
HomeTagsCentral Bank

Tag: Central Bank

Central Bank Digital Currency and Financial Stability (CBDC) | New Forms of Digital Money

Firstly, let’s start by explaining Central Bank Digital Currency, i.e., CBDC, which necessarily denotes the fiat-like currency of a nation. These are mostly present by making utilization of electronic records or digital token to represent the virtual form.It has been years since digital...

Hedge fund that shorted GameStop closes as $1.13B GME stock offer completes

GameStop has completed a stock offer worth nearly $1.13 billion to fund growth, while a hedge fund that incurred losses from shorting GME is closing down.

Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency

The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens.

Portugal Grants First Crypto Exchanges Operating Licenses

For the first time ever, Banco de Portugal has approved operating licenses to regional cryptocurrency trades. Recently, the central bank gave out the statement that Portuguese-based trades “Mind the coin” and “Criptologia” are now enlisted as virtual assets service providers. The central bank has issued only these two names in the list on their official … Read More

Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …

Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures.

CABEI Lends assistance to EL Salvador for Bitcoin Adoption

On Monday, 14th June, the head of the multinational development bank, CABEI (Central American Bank for Economic Integration), announced that the bank would provide technical assistance for the implementation of Bitcoin as legal tender in El Salvador. In the Monday press conference, The executive President of the Central American Bank For Economic Integration, Dante Mossi, … Read More