Central Bank

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Chairman of the Exchange Association in Iran: Cryptocurrency Transactions Still Illegal

17 Aug 2020 1 minute read 0 comments Melina Mehr

 Chairman of the Exchange Association in Iran said: The Central Bank has not yet issued any license for buying and selling digital currency. According to local news agencies, Kamran Soltanizadeh, Chairman of the Exchange Association, about the activi...

Jesus and The MoneyChangers

14 Aug 2020 2 minute read 0 comments howardroark

    I would like to start off saying this is not a religious post. I am not Christian, I am more interested in how ancient texts display the truth to us regardless of personal beliefs. So don't worry I'm not going to ask you if your are "saved". And...

US Federal Reserve Examining Digital Dollar Currency

14 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

United States Federal Reserve Board Governor Lael Brainard on August 13 said that the central bank was experimenting with distributed ledger technology (DLT) and looking into the possibility of a digital dollar. In a speech titled “An update on digi...

80% of Central Banks Look to Create Own Digital Currency

7 Aug 2020 1 minute read 0 comments Tomadachi

According to a speech given yesterday by Mr Abdul Rasheed Ghaffour, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), 80% of all central banks are considering launching their own central bank digital currencies (CBDCs).  Ghaffou...

Bank of England and Ripple

31 Jul 2020 1 minute read 3 comments Tomadachi

The Bank of England announced yesterday that they have appointed a company called Accenture to act as the Technology Delivery Partner for the Real Time Gross Settlement (RTGS) Service Renewal Programme. Accenture offer a wide range of strategy and co...

Digital Currencies: Bank of Lithuania issues the first digital collector's currency

10 Jul 2020 1 minute read 0 comments Pot Project

First timid step of a Eurozone Central Bank into the future of digital currencies. The Central Bank of Lithuania has announced the sale of the world's first digital currency, which will also be a collector's item, on its online shop from 23 July. Lb...

The Swedish national bank is looking in to digital currencies (CBDCs) for its local market.

24 Jun 2020 3 minute read 0 comments Panzer

Finaly some exciting news from Sweden.  In a 96-page economic review, the Swedish central bank presents four models for possibly supplying a digital version of the Swedish krona (e-krona) as well as outlining how well the different models would fit i...

Where do the trillions of Central Banks go?

22 Jun 2020 4 minute read 2 comments Aristos

Central bank debts and balance sheets seem to be overflowing dangerously. The effects on currencies and economies and the alternative choice of cryptocurrencies.   he balance sheet of the US Federal Reserve continues to move upwards, as if the laws o...

Understanding Inflation: The Good, The Bad, and The Ugly

17 Apr 2020 9 minute read 0 comments DrugsandFIRE

Mid March, the Federal Reserve announced that they'd be cutting overnight interest rates back down to zero percent and that they'd officially start their quantitative easing (QE) program back up.  Initially, QE was going to be limited to ONLY $700 bi...

Bitcoin & Inflation

17 Apr 2020 7 minute read 0 comments AdaptiveAnalysis

This originally appeared on Adaptive Analysis. Subscribe here for updates. An extremely bearish outlook can be painted for the global economy as the spread of COVID-19 surfaces major fragilities. Central bankers are taking extreme actions by turning...