Central Banks
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United States May Fund Its Deficit By Printing More Money; Could Default By June 1st
Ray Dalio, the billionaire founder of one of the world’s largest hedge funds, Bridgewater Associates, was recently interviewed. He explains that the United…
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United States May Enter Mild Recession As Yet Another Hike In Fed Rates Expected
Financial markets worldwide are abuzz with talk of the US Federal Reserve’s (Fed) upcoming decision to raise its benchmark lending rate to…
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Ray Dalio; The Federal Reserve Is Setting Off A “Terrible Calamity”
Ray Dalio, the billionaire founder of one of the world’s largest hedge funds, Bridgewater Associates, was recently interviewed. He explains the banking…
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U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but…
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Coinbase Integrates Brazilian Central Bank’s Pix For Crypto Purchases With Brazilian Real
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by…
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U.S. Congressman Urges Fed To Consider CBDC Impact On Digital Assets
U.S. Congressman Stephen Lynch raised concerns over the impact of a CBDC on digital assets during the House Financial Services Committee. He…
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Chinese Platform WeChat Accept Payments With The Digital Yuan CBDC
WeChat has moved to support the development of China’s CBDC, adding a payment method using the digital yuan, e-CNY. See Related: Ripple…
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Ripple In Talks With Over 20 Central Banks For CBDC Development, Says Senior VP
Brooks Entwistle, Managing Director of APAC and MENA and Senior Vice President of Customer Success at Ripple, disclosed in a recent interview…
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Kazakhstan Plans CBDC Development Until 2025, Passes Bill Capping BTC Mining
Kazakhstan is making significant progress in developing its central bank digital currency (CBDC), having completed trial phases. In a report released by…
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Australian CBDC Pilot Program eAUD Receives 140 Use Cases Amidst Growing Interest
The Australian eAUD program – researching the use cases of a CBDC in Australia – has attracted a growing interest in the…