The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
Category: Central Bank
Auto Added by WPeMatico
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing (SIC).
Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets.
Central banks want to look under crypto’s hood — Is this a positive sign?
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
South Korean exchange Upbit gets initial license nod from Singapore
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold.
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes
BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why.
Ripple gets formal approval for Singapore payments license
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore.
Latvia central bank opens to fintech with ‘Innovation Hub’
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would “undermine the American way of life.”