2 / 4 Relevant items tagged with #CentralBanks

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Central Banks Boost Gold Reserves by 33 Tonnes in April

[Jun 7, 2024 9:25 PM] Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central…

Why Central Bank Digital Currencies Can't Compete with Bitcoin

[Oct 10, 2023 11:10 AM] The emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited debates in the Bitcoin community. Among…

CBDCs: The Ultimate Corruption Of Money

[Aug 14, 2023 6:00 AM] This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor.Imagine this: It’s payday but before the money reaches your account, someone else has already decided what you’ll spend your money on — one third of your paycheck on housing

Central Banks Resumed Gold Purchases in June

[Aug 7, 2023 4:30 PM] Central banks ramped up gold purchases in June, according to statistics from the International Monetary Fund (IMF). In this period, central banks added 55 tonnes of gold to their reserves after three months of net selling, with China purchasing the…

If Bitcoiners Don’t Do More, CBDCs Will Win

[Jul 28, 2023 6:00 AM] This is an opinion editorial by Logan Chipkin, a professional writer who creates educational content about Bitcoin and other topics.In “The Fiat Standard,” economist Saifedean Ammous argues at length that the United States federal government has…