Tag: Financial Stability

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BIS ends partnership with mBridge CBDC project due to lack of progress

The Bank for International Settlements (BIS) recently announced its decision to end its partnership with Project mBridge, a central bank digital currency (CBDC) initiative...
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The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino

As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged...
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Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action

Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023,...
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Bitcoin as Reserve Currency to Strengthen the Dollar

Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it...
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Maximizing Profits: The Power of Long-Term Holding

Bitcoin's recent price fluctuations between $60,000 and $62,000 have shed light on the importance of long-term holding in maximizing profits in the cryptocurrency market....
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Swiss Regulator Closes Crypto-Linked FlowBank; Bankruptcy Initiated

FlowBank, a Swiss online bank known for its crypto ties, has been closed down by the Swiss Financial Market Supervisory Authority (FINMA) due to...
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Losing Control of Our Currencies: Understanding the Shift in Monetary Power

Currency has played a crucial role in shaping human societies throughout history. From bartering to coins and paper money, the evolution of currency reflects...
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Wholesale CBDCs: Major Central Banks Show Interest

The Bank for International Settlements (BIS) recently conducted a survey of central banks worldwide and found that a staggering 94% of them are actively...

Stacking Sats with Stability: How Tether is Changing Online Gambling

In the rapidly evolving world of online finance and gaming, Tether has emerged as a transformative force, especially in the domain of online gambling....
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Tether Plans to Launch AI Platform in Q1 2025, Reveals CEO...

Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 DebutTether, the renowned crypto company behind the $140 billion USDT stablecoin, is set to...