Powell: Guidance around Fed Tapering Could Come at Next Meeting
By / September 22, 2021

Substantial further progress toward maximum employment “all but met,” Fed chair says.

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Copper.co’s Kostadinov Sees Growth for Crypto Funding and Infrastructure
By / August 31, 2021

“The latest wave we’ve seen has been the coming of the large financial institutions that really have been prompted by their clients to enter the space,” Kostadinov said.

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PayPal CEO: Smart Contracts, DeFi Apps Part of Company’s Crypto Plans
By / July 29, 2021

Company’s blockchain and digital currency business unit is focused on shaping ‘next generation of the financial system’

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China: eCNY Meant to Replace Domestic Cash
By / July 20, 2021

China’s CBDC, the eCNY, isn’t a “Chinese bitcoin” or will it challenge the USD’s hegemony

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Powell: A CBDC Would Make Cryptocurrencies Obsolete
By / July 14, 2021

Federal Reserve Chairman Jerome Powell said a strong argument in favor of a US digital dollar is the CBDC’s ability to undermine cryptocurrencies and stablecoins.

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European Central Bank Launches 24-Month Investigation into Digital Euro
By / July 14, 2021

The investigation phase will last 24 months and will focus on addressing “key issues regarding design and distribution” of a digital euro, it said.

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Confusion Abounds as US Lawmakers Debate Digital Dollar
By / June 10, 2021

Environmental costs of bitcoin and proof-of-work took center stage at Senate hearing on June 9 — a hearing that was to be focused on something else entirely

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El Salvador Approves Bitcoin as Legal Tender in “Supermajority”
By / June 9, 2021

The “Bitcoin Law” has been approved four days after El Salvador’s President Nayib Buekele announced plans to send a law to legislation to make bitcoin legal tender, making it the first country in the world to formally adopt the cryptocurrency.

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Hong Kong’s Monetary Authority Studying CBDCs With FinTech 2025 Plan
By / June 8, 2021

As Singapore looks to steal Hong Kong’s status as Asia’s financial hub, the territory’s central bank wants to “future-proof” its claims

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ECB: Central Banks Will Lose Control Without a Digital Currency
By / June 2, 2021

Customers and businesses without access to a central bank digital currency will be forced to turn to outside providers for the services, potentially undermining central bank dominance, the European Central Bank said.

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