According to the Bank of Canada’s Governor Tiff Macklem, central banks need to be closely attuned to how AI is affecting inflation, both indirectly through
Read moreFed rate cut may be politically motivated, will increase inflation — Arthur Hayes
The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris.
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Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot
Read moreCrypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss
If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann.
Read moreAustralia’s central bank launches 3-year program for wholesale CBDC
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.
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Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of
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