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Digital money lag threatens international security

[Nov 26 7:00 PM] Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability.

Norway supports MiCA, considers CBDC for financial stability

[Nov 9 9:30 AM] Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

[Oct 24 8:30 AM] Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both…

Bitcoin academics slam controversial ECB paper blasting Bitcoin

[Oct 23 3:53 AM] The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned. 

Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed

[Oct 21 3:52 AM] The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.

JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

[Oct 4 1:30 AM] Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in…

US election outcome won’t slow Q4 Bitcoin rally, says hedge fund

[Sep 30 6:08 AM] Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager. 

Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

[Sep 29 9:30 PM] Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs. 

Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

[Sep 28 9:30 AM] According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding…

Bitcoin is pinned below $65K but several market structure-altering factors are at play

[Sep 21 10:24 PM] Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.

AI may lead to inflationary pressures: Bank of Canada

[Sep 21 10:08 AM] Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.

Fed rate cut may be politically motivated, will increase inflation — Arthur Hayes

[Sep 19 6:22 AM] The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris. 

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

[Sep 19 2:30 AM] 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 or development stages. Every G20 nation is engaged in CBDC efforts, with notable…

Fed Rate Cut Could Crash Crypto Markets, But Era of Central Banks is Over: Arthur Hayes

[Sep 18 7:51 AM] A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.

Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss

[Sep 18 6:01 AM] 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.

Australia’s central bank launches 3-year program for wholesale CBDC

[Sep 18 3:30 AM] RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.

Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles

[Sep 17 2:30 AM] 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 finding new solutions, such as using digital…

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

[Sep 16 5:30 AM] The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller…

Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

[Sep 15 12:30 AM] Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re…

North Carolina resists the CBDC tide with new payments ban

[Sep 13 2:00 PM] A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

UAE’s central bank approves custodial risk insurance product for digital assets

[Sep 12 1:19 PM] OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds. 

Turkey’s $200 limit on cash payments: What does it mean for crypto?

[Sep 12 1:17 PM] Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.

China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

[Sep 11 3:30 AM] China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese…

Accenture invests in Emtech to strengthen CBDC, fintech solutions

[Sep 10 7:21 PM] The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

Moscow Exchange Opts out of Russia’s Crypto Trading Program

[Sep 9 5:30 AM] The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision…

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025

[Sep 9 12:30 AM] Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected…

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

[Sep 2 1:30 AM] The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…

Banks face new risks from permissionless blockchains, BIS warns

[Aug 30 1:23 PM] To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets.

India mulls cross-border CBDC interoperability system

[Aug 28 8:03 AM] RBI Governor Shaktikanta Das advocates a plug-and-play system to enhance cross-border payment efficiency and CBDC interoperability.

The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut

[Aug 27 4:05 PM] As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis…