Tag: Financial Stability
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...
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...
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...
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,...
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...
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....
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...
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...
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....