central banks
PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
Iran's Central Bank Reportedly Bans Trading of Crypto Mined Abroad
The move is said to be an attempt to stop capital flight from Iran.
Who Will Win the Race to Offer Crypto Services?
Securrency Chief Strategy Officer Patrick Campos on banks investing in the company and the larger implications for big banks and financial institutions racing to offer crypto services.
Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto
The bank had previously stipulated only digital assets for import funding could be used by itself and no one else.
Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America
CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.
BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
Will Central Banks Invest in Bitcoin?
Crypto trader and economist Alex Kruger weighs in on the near- and long-term future of the crypto markets, including whether or not central banks will invest in bitcoin. “Once the mainstream market accepts bitcoin as an alternative to gold, it becomes unavoidable,” Kruger said.
ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over 'Premature Tightening'
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
Banks Are Adopting Crypto but What About Credit Unions?
Are credit unions interested in crypto? Kyle Hauptman, vice chair of the National Credit Union Administration, discusses what credit unions could do with crypto and the crypto regulatory guidance he would like to see for credit unions. Plus, an explanation of how credit unions differ from banks.
