Tag: Currencies
NY Fed: Digital Currencies Can Speed Up Forex Trading
Central bank digital currencies (CBDC) can reduce the duration of forex transactions to under 10 seconds, according to analysis by the New York Federal Reserve. by the New York Federal…
The low euro exchange rate is not a sign of weakness in the euro area
The author Peter Bofinger is a professor of economics at the University of Würzburg and was a member of the Advisory Council. Since May 2021, the euro has lost almost…
IMF Closed the Door to Crypto Currencies!
First Bitcoin (BTC) including to cryptocurrencies having a negative attitude towards From the International Monetary Fund (IMF) Yet another negative statement came. Stating that there is no option for cross-border…
The country’s economic prospects are bleak
Destroyed factory in Bakhmut The sales of the companies in the country have decreased significantly. (Photo: Reuters) Vienna Six months ago, Russian troops invaded Ukraine and the Kremlin launched its…
Crypto provider Zipmex stops payments, investors face total failure
Bangkok skyline Thailand was Zipmex’s largest market. The company also has customers in Singapore, Indonesia and Australia. (Photo: dpa) Bangkok With advertising banners over several floors, the crypto platform Zipmex…
Payment Giant SWIFT’s “Hackathon” Agenda Will Be Digital Currencies
Payment giant SWIFT, the organizer of the Hackathon event, which was announced in the first week of July, emphasized that cryptocurrencies are one of the key points of innovative progress.…
Trust in digital currencies prevails in the New York crypto scene
Bitcoin Bitcoin has lost more than 55 percent of its value since its record high in November last year. (Photo: Reuters) new York Bitcoin will soon be worthless: This was…
Parity with the dollar is imminent
dollars and euros The European single currency has fallen to its lowest level in 20 years against the dollar. (Photo: Reuters) Dusseldorf, Frankfurt Parity between the euro and the dollar…
Including Turkey: 90 Percent of Central Banks Exploring Digital Currencies
The study by the Bank for International Settlements found that nine out of ten central banks worldwide digital central bank money (CBDC) It shows that he is conducting a study…
IMF: “Some Countries’ Currencies Are More Volatile Than Bitcoin”
The adoption and use of cryptocurrencies has increased significantly in 2021. Even the Central American country El Salvador Bitcoin (BTC)) announced that it accepts it as legal currency. bitcoin and…
Digital currencies come under pressure as Bitcoin falls below $40,000
The financial regulator Bafin has private investors in mind Risks of investing in crypto assets and investment tips on social media. Enthusiastic reports about Bitcoin, Ether and Co. were circulating…
Digital currencies come under pressure as Bitcoin falls below $40,000
The financial regulator Bafin has private investors in mind Risks of investing in crypto assets and investment tips on social media. Enthusiastic reports about Bitcoin, Ether and Co. were circulating…
RBI Deputy Chairman Likens Digital Currencies to Ponzi schemes!
It became the hot topic of the crypto market when India announced a new tax regime for digital currencies earlier this month. This week, T. Rabi Sankar, deputy governor of…
Paypal Establishes Advisory Council for Blockchain, Crypto and Digital Currencies
Payment technology company PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain and digital currencies. Paypal has created an advisory council to support crypto-related…
Federal Reserve Releases Report on Central Bank Digital Currencies (CBDC)
The Federal Reserve has released the report on the feasibility of issuing a central bank digital currency (CBDC) in the United States, the report has been publicly anticipated for some…
Billionaires Prefer Crypto Over Fiat Currencies
Billionaires began to prefer cryptocurrencies more than fiat currencies to avoid inflation. by billionaires 2021 in the year growing interest in the crypto sector rather than fiat currenciesdue to inflation…
SBI Group Creates Crypto Fund With 7 Different Digital Currencies
Japan-based financial services company SBI Group is launching a fund that includes 7 different cryptocurrencies. Fund; It consists of bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink and polkadot. SBI Group…
Mastercard Makes Disclosures About Digital Currencies at Global Impact Week
Mastercard is moving slowly but surely to bridge the gap between fiat and digital currencies. Fintech includes many sectors such as politics, health and climate. Global Impact Week, started on…
Cryptocurrencies are also unstoppable by setbacks
Bitcoin on the way to mainstream It was an eventful year for the world of digital currencies. In May, Tesla boss Elon Musk caused a scandal when he criticized the…
After China, India also wants to ban private crypto currencies
Bitcoin symbol on big screen Are all non-government digital currencies affected by the ban? Then the new law would also apply to Bitcoin and Ether. (Photo: AP) Bangkok India’s Prime…