Cynthia Lummis: Bitcoin Is the Anti-CBDC
Do We Need CBDCs? Bitcoin Backstage with Cynthia Lummis In the world of digital currencies, two terms frequently come up for discussion – Central Bank Digital Currencies (CBDCs) and Bitcoin….
Read More »Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in…
Read More »ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses.
Read More »IMF Chief Economist Says ‘Regulation Is Absolutely Important’ for Crypto Sector
The chief economist at the International Monetary Fund (IMF) says that regulation is “absolutely important” for the crypto sector. She added that banning cryptocurrencies, like what India could be considering…
Read More »Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian…
Read More »Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services
Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or…
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