objectives – DIGIT INFO

What is the International Monetary Fund, and how does it work?

DIGIT — Fri, 30 Jun 2023 14:17:00 +0000

Explore the IMF’s objectives, governance structure and key functions in promoting global financial stability.

BRICS: History, objectives and an overview of the global alliance

DIGIT — Fri, 23 Jun 2023 09:07:00 +0000

Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance.

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Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation

DIGIT — Wed, 09 Nov 2022 12:30:22 +0000

Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation Indispensable for Risky Cryptos,’ Dutch Central Bank Insists Bitcoin, tether, and other digital coins are […]

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ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

DIGIT — Sat, 16 Jul 2022 14:00:16 +0000

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide Europeans with “easy access to central bank […]

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Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

DIGIT — Wed, 27 Apr 2022 02:00:58 +0000

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first […]

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Bitcoin Mining Council Goes Live, Elon Musk Gets Sidelined

DIGIT — Sun, 13 Jun 2021 07:30:15 +0000

The Bitcoin Mining Council has gone live, launching its own website detailing its members and the mission statement of the organization. The council originated as a closed organization, but they are now allowing any miner to join. While Michael Saylor gets a founding member status, the site states Elon Musk has “no role” in the […]

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