A recent survey shows that 71% of German citizens are skeptical towards Facebook’s Libra stablecoin, while only 12% welcome it
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A recent survey shows that 71% of German citizens are skeptical towards Facebook’s Libra stablecoin, while only 12% welcome it
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The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else go up. Also Read: Deutsche […]
The post US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat appeared first on Bitcoin News.
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ECB’s governing council Jens Weidmann says that while stablecoins offer opportunities for prosperity, users should be vigilant
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In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” Olivia Capozzalo and Molly Jane Zuckerman discuss the latest news in the crypto industry
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A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – […]
The post How 10 Countries Respond to Facebook’s Libra Cryptocurrency appeared first on Bitcoin News.
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European Central Bank’s latest bitcoin-isn’t-money soundbite fails to win favor with Twitter followers
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Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
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As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable. […]
The post G20 Countries Start Implementing Unified Cryptocurrency Standards appeared first on Bitcoin News.
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A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech
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When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t matter and the money printing can just […]
The post After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter appeared first on Bitcoin News.
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