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Tag: Economics

US Federal Reserve bank at the helm of CBDC research effort appoints new president

February 10, 2022 wp-bot Cointelegraph

Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank.

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Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion

February 9, 2022 wp-bot Bitcoin News

The Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International

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Central Banks Will Issue Digital Currencies

February 9, 2022 wp-bot Blockchain, Medium Blockchain

Money continues to evolve in this new world of meme stocks and NFTs. Money is no longer just physical coins and paper bills, like old…

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Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

February 4, 2022 wp-bot Bitcoin News

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face

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The New Age of Disruption for Crypto Exchanges

February 3, 2022 wp-bot Blockchain, Medium Blockchain

Exchanges have been a core part of this crypto asset space for some time now, the birth of exchange tokens only accelerated this the… Continue

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Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows

January 31, 2022 wp-bot Bitcoin News

Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted.

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Blockchain
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