Central Bank

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80% of Central Banks Look to Create Own Digital Currency

7 Aug 2020 1 minute read 0 comments Tomadachi $0.17

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 $0.14

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 $0.02

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 $0.06

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 $0.15

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 $0.01

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 $0.17

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...

Central Banks Talk Stablecoin BAN!

16 Apr 2020 3 minute read 1 comment Market Militia $0.24

  FSB Wants To Save You From Stablecoins!   The Financial Stability Board (FSB) on April 14 released a proposal to regulate stablecoins. In this proposal they specify that their concerns are focused on "global stablecoins" which they refer to as GSCs...

Making Sense of Negative Interest Rates

13 Apr 2020 4 minute read 0 comments DrugsandFIRE $0.07

On March 25th, 2020, yields on US debt traded negative for the first time in our country's history.  With the 1 month and 3 month T-bills trading at yields of around -0.05% and -0.03% respectively, the US officially joined the negative interest rate...

SadaPay Latest Announcements BOP Partnership & App Published

2 Apr 2020 3 minute read 1 comment Curexmy.com $0.05

We have published a post on an introductory article to know the concept and idea of sadapay launching in Pakistan by Founder and CEO Brandon Timinsky. Sadapay is taken the initiative of solving the problem of international payments transactions in Pa...