Facebook’s cryptocurrency project, Libra, could be used to build on top of central bank digital currencies. That’s what the venture’s co-creator and head economist reiterated today at a FinTech conference… Read more »
Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have… Read more »
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two… Read more »
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been… Read more »
It’s a big data day on the global economic stage, and at least for this market pundit, it’s nice to have something to focus on besides the childish squabbling between… Read more »
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central… Read more »
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part… Read more »
PBOC official says commercial banks should step up blockchain application to embrace digital finance Headlines via Reuters I’m not sure of this a fresh piece of commentary out of the … Read more »
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is… Read more »
Reserve Bank of Australia more likely to buy bank and mortgage bonds to lower borrowing costs, rather than government debt. Report in the local press – Australian Financial Review on Treasury’s internal… Read more »