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EUROGROUP, WORK CONTINUES ON ADOPTION OF DIGITAL EURO
- 17 January 2023
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News
No CommentsThe Eurogroup, the body composed of European finance ministers, said the introduction of the digital euro requires policy decisions that should be discussed and adopted at the political level. Thus, they take stock of the developments of the digital euro, the European finance ministers said. In a recent statement, the Eurogroup, said that the digital
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USA AND CDBC
- 23 December 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
In April 2022, the U.S. Federal Reserve officially stated that it was studying a central bank digital currency. Some time ago, Fed Chairman Jerome Powell agreed that “a U.S. CBDC could potentially help maintain the international standing of the dollar.” When asked in a recent interview about a digital currency, Powell said: “We wouldn’t want
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GLOBAL DIGITAL FINANCE : THE FUTURE OF CRYPTO AND DIGITAL ASSETS
- 6 February 2021
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News
On 4 th January, our Consortium member, Andrea Berruto, attended the Webinar “The Future Of Crypto And Digital Assets” hosted by Professor Michael Mainelli, Executive Chairman of the Z/Yen Group where Lawrence Wintermeyer, Executive Co-Chair of Global Digital Finance (GDF) illustrated the GDF 2020 Annual Report. With the price of bitcoin breaking through $20,000 and
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LAGARDE CALLS FOR GLOBAL REGULATION OF BITCOIN
- 14 January 2021
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.. continue here In the meantime… Crypto custodian Anchorage has secured conditional approval for a national trust charter from the
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CBDC IN AN OPEN ECONOMY
- 20 November 2020
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
A working paper issued by the European Central Bank examines the open-economy implications of the introduction of a central bank digital currency (CBDC) and analyses the international transmission of standard monetary policy and technology shocks in the presence and absence of a CDBC and the implications for optimal monetary policy and welfare. The outcomes show
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BANK OF RUSSIA DIGITAL RUBLO ON THE WAY
- 13 October 2020
- Posted by: Cryptovalues
- Category: Central Banks, World News
“The Bank of Russia deems it crucial to discuss the key aspects, benefits, potential risks, milestones and timeframes for the implementation of the digital ruble project with financial market participants, experts and the general public. ” Read more in the article HERE Source: BANK OF RUSSIA
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REPORT ON A DIGITAL EURO
- 4 October 2020
- Posted by: admincryptovalues_wp
- Category: Central Banks, ECB - Lagarde
“The euro belongs to Europeans and we are its guardian. We should be prepared to issue a digital euro, should the need arise.” Christine Lagarde, President of the ECB “We need to make sure that our currency is fit for the future. Inaction is not an option.” Fabio Panetta, ECB Executive Board Member Why a
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IMF – WHAT ARE CRYPTOCURRENCIES?
- 25 August 2020
- Posted by: admincryptovalues_wp
- Category: Central Banks, Cryptovalues News
The International Monetary Fund, which had already shown interest in this industry in the past, confirms, with this video, to take a huge step forward towards cryptocurrency. This is the link of the Video where, in a very simple and informative way, it begins with the explanation of what cryptocurrencies are and arrives to hypothesize
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CBDC WOULD GIVE FED TOO MUCH POWER
- 1 July 2020
- Posted by: admincryptovalues_wp
- Category: World News
According to the American Bankers Association (ABA), a private consortium of American banks, central bank digital currency (CBDC) puts an uncomfortable amount of power in the hands of the Federal Reserve. A CDBC is a currency that is minted and distributed by a central bank. Some designs for central bank digital currencies could either use
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HOW BANK OF ENGLAND IS EXPLORING CENTRAL BANK DIGITAL CURRENCY
- 10 April 2020
- Posted by: admincryptovalues_wp
- Category: Central Banks, Cryptovalues News, World News
The Bank of England (BoE) published a discussion paper on central bank digital currency (CBDC) in March 2020. BoE researchers and analysts are actively exploring how an electronic form of central bank money would look like and how it could function in the real world. The discussion paper outlines an illustrative model of CBDC designed
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