Cryptocurrency Analysis and News Portal
En el mismo evento, Gross, cuya organización recibe el apoyo de empresas como Ripple y Circle, dijo que “un euro digital necesita tener beneficios y casos de uso claros”. Y agregó: “No es suficiente, desde mi punto de vista, decir que puede ser utilizado en pagos entre pares [o] para
Read More
“We have singled out, for the first release of the digital euro, three use cases,” said Evelien Witlox, digital euro program manager at the European Central Bank, at an event hosted by the European Economic and Social Committee, a body that advises the EU government. Source
Read More
press release PRESS RELEASE. The connected future of sports and blockchain is on the horizon as Rögle announced an NFT-driven partnership with Locker Token earlier today. The partnership, as entailed in an official release, establishes a formal relationship between the two entities while also providing an insight into Rögle’s intention
Read More
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia
Read More
In a novel address at the University of California Berkley published on Wednesday, Olli Rehn, governor of the Bank of Finland, touted the possibility of a digital euro centralized bank digital currency (CBDC) functioning in tandem with private fintech solutions to facilitate the cross-border payment of services across Europe.The European
Read More
Bitcoin (BTC) drifted near $21,000 on the Aug. 22 Wall Street open as the new week began without a rebound.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEuropean commodity surge hammers euroData from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to summon a comeback after last week’s 11.6% losses.The pair put
Read More
Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pacific Bank Gold bug and notorious bitcoin skeptic Peter Schiff has settled with the Office of the
Read More
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB) to €3,000 per person. Limited
Read More
If left unchecked, a digital euro could prove too popular, the authors warned. “Under no quantity limits and no remuneration, the amount of CBDC in circulation would be larger (i.e., of roughly 65% of quarterly real GDP) and the steady state effects on banks’ valuations and lending would be comparatively
Read More
Inflation is good for you because it favors debtors. That makes sense. If you have a $100,000 loan, that $100,000 doesn’t adjust as things get more expensive. It’s still $100,000. So if that $100,000 is a fixed-rate, 30-year mortgage, then your debt burden is lessened. Source
Read More