Bitcoin and stablecoins seem to be the solution for many Nigerians who want to protect their wealth due to the crashing naira.
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Yesterday, the Federal Reserve (Fed) announced the second consecutive increase in the federal funds rate. As was widely expected, the Federal Open Market Committee (FOMC), a committee consisting of twelve Fed officials, increased the interest rate by 0.75 percentage points in order to fight the growing inflation.
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Stablecoins, CBDCs, and blockchain protocols were among the topics discussed in the "Banking Unblockchained?" webinar hosted by the Polish Blockchain Association last July 27. [...] Read More... The post What role will CBDCs and stablecoins play in the future financial systems? appeared first on CoinGeek.
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Summary PMIs suggest global economy heading into a serious slowdown S. business activity sees the first contraction in 2 years Eurozone business activity shrinks in July China lockdowns and the Ukraine crisis further disrupt supply chains The global economy seems more and more likely to be approaching…
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A set of stablecoin payment rules, initially proposed by the HM Treasury in April, were presented to the UK Parliament last week. The rules, part of the broader Financial Services and Market Bill regulation, will have to pass the vote in the House of Commons and in…
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Last week’s Thursday’s data almost certainly confirms that the United States experienced two consecutive quarters of negative growth. Now, two consecutive quarters of negative growth means a recession in the United States. But the US government will not admit a recession has occurred until the unemployment rate…
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Risk Assets Are Hoping July Will Be Last Jumbo Fed Hike The way yields and equities are dropping underscores the message from investors to the Fed: “You better slow down!” The recession drumbeats grew louder after last week’s slump in US activity gauges and with rates traders…
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A developer and an entrepreneur hope to bring community-based custody for Bitcoin to billions of people around the world through Fedimints.
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Argentina has just restricted crypto traders from accessing the single exchange market and buying US dollars.
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Zug, Switzerland, 22nd July, 2022, ChainwireAccredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch. The ethos of the Accredited “wallet” is…
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