Tag: Currency
Will Mexico Adopt Bitcoin as National Currency? President Lopez Obrador Answered
El Salvador’s decision to adopt Bitcoin as its national currency sparked a wave of excitement in Latin America, with a growing number of governments in the region coming up with…
This is how investors protect themselves
Secure or not? Investors need to decide how to handle currency risk. (Photo: Ikon Images / Getty Images) Frankfurt The dollar has risen sharply in the past few weeks. Despite…
The board sticks to Kristalina Georgiewa
IMF chief Kristalina Georgiewa The former managing director of the World Bank is accused of manipulation. (Photo: dpa) Washington Despite allegations of manipulation of a report in favor of China,…
Energy crisis fuels investor inflation concerns in Asia
Frankfurt The Asian stock markets lost momentum on Tuesday after a strong start to the week. The global energy crisis rekindled investors’ fear of inflation and clouded the mood ahead…
World Bank wants to regain lost trust
IMF chief Kristalina Georgiewa The former managing director of the World Bank is accused of manipulation. (Photo: dpa) Washington According to insiders, the executive board of the International Monetary Fund…
G7 Countries to Publish An Important Report on Digital Currency!
The G7 council, which consists of the United Kingdom, Canada, France, Germany, Italy, Japan and the United States, is preparing to take an important step towards the issuance of a…
Why the US currency keeps rising
Frankfurt Many US companies are unlikely to be very happy about the foreign exchange market at the moment. In the past few months, the US dollar has appreciated sharply against…
World Bank warns of new debt crisis after the pandemic
World Bank chief Malpass David Malpass, President of the World Bank, warns of a new debt crisis in poorer countries. (Photo: dpa) Many poorer countries face a debt crisis after…
Turkey is on the List! 5 Countries Will Make Bitcoin (BTC) Legal Currency
Bitmex exchange CEO Alex Hoeptner seems to be a die-hard fan of Bitcoin (BTC). On this synergy, Hoeptner gave his respected prediction that more than five developing countries will accept…
Unexpected CBDC Response from Edward Snowden: “Cryptofascist Currency”
A popular whistleblower, Edward Snowden, has given his thoughts on what Central Bank Digital Currencies (CBDCs) mean for individuals globally. In his view, CBDCs are a “cryptofascist currency” dishonestly designed…
Fed Plans to Publish Digital Currency Report This Week -WSJ
Researching the potential benefits and risks of digital central bank currencies, the Fed plans to release a report this week, according to the Wall Street Journal. Fed officials can start…
IMF boss has her back to the wall
Berlin, Brussels Kristalina Georgieva is fighting. Straighten your back, carry on, pretend normality. On Tuesday, the head of the International Monetary Fund (IMF) will give the usual outlook on the…
Inflation in the euro zone rises to 3.4 percent – the highest level in 13 years
Rising energy costs Energy prices rose by around 17 percent in September. (Photo: dpa) Frankfurt Inflation in the euro zone rose faster than expected in September. The European statistics agency…
Currency devaluation: inflation is returning – the end of an exceptional situation
The ECB considers the four percent inflation in Germany to be expected. But influential economists warn: Four global trends suggest that prices are rising much faster than before. .source site
Joint Digital Currency Report from BIS with Seven Central Banks
As a result of the digital currency research conducted by the seven major central banks and the Bank for International Settlements (BIS), the importance of cooperation between public institutions and…
New Digital Currency Move from the Bank of England!
The Bank of England announced that it has created the Participation and Technology Forum to contribute to the ongoing work on the central bank digital currency (CBDC). A task force…
Bank of England to Get Ideas from Leading Names for Digital Currency
The Bank of England (BoE) will act together with the pioneers of its sector in its work for digital central bank money (CBDC). Established to advance the work of digital…
Joint Digital Currency Experiment from UAE, China, Hong Kong and Thailand Central Banks
According to a pilot study conducted by the Bank for International Settlements (BIS) and four central banks transactions that take daysthanks to digital currency almost real time can be completed.…
Bitcoin is falling towards $ 40,000
Symbolic representation of large cryptocurrencies The uncertainty about the real estate company Evergrande is also noticeable on the crypto market. (Photo: Reuters) Frankfurt The concerns about the Chinese real estate…
Hard Exit from ECB President: “Crypto Is Not a Currency, Dot!”
ECB President Christine Lagarde, who attended “The David Rubenstein Show: Peer-to-Peer Conversations”, made anti-crypto comments throughout the program. Lagarde shared his views on cryptocurrencies, stablecoins and central bank digital currencies…