central banks


Markets

Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto

The bank had previously stipulated only digital assets for import funding could be used by itself and no one else.

View of the Azadi Tower. Tehran, Iran.

Markets

Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.

Money printer

Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

Markets

BIS Researchers Grapple With Implications of Interoperable CBDCs

Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.

globeshadow

Videos

Will Central Banks Invest in Bitcoin?

Crypto trader and economist Alex Kruger weighs in on the near- and long-term future of the crypto markets, including whether or not central banks will invest in bitcoin. “Once the mainstream market accepts bitcoin as an alternative to gold, it becomes unavoidable,” Kruger said.

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Markets

ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over 'Premature Tightening'

The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.

ECB President Christine Lagarde.

Videos

Banks Are Adopting Crypto but What About Credit Unions?

Are credit unions interested in crypto? Kyle Hauptman, vice chair of the National Credit Union Administration, discusses what credit unions could do with crypto and the crypto regulatory guidance he would like to see for credit unions. Plus, an explanation of how credit unions differ from banks.

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Videos

Inflation Is on the Rise in the Euro Area. Here’s What That Means for Crypto Demand in Europe

Daniel Lacalle, chief economist at Tressis, shares his insights on European markets including differences in regulation, Europe’s response to the European Central Bank’s handling of the coronavirus pandemic and how the euro’s inflation is driving demand for BTC differently across northern and southern Europe.

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Tech

Ripple Pilots Private Ledger for Central Bank Digital Currencies

The CBDC platform will be powered by the same blockchain technology as Ripple's public XRP Ledger.

euro exim

Markets

India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report

The window of opportunity for investors to cash out to fiat is expected to be between three and six months.

Ghansi Bazaar, India.