In March of 2022, we forecast that the U.S. was hastening the demise of the dollar as a world reserve currency by trying to weaponize the financial system against its enemies: “the unprecedented use of the existing modern international financial order crosses a line from which there is no going back…
Several reports involving cryptos and a possible U.S. CBDC were released this past week. But the reports themselves, and much of the media attention surrounding them, failed to get at the core issue.
Several moves in Germany spell good news for bitcoin adoption and investment. Via a new platform called wpNex offered by securities processing giant Deutsche WertpapierService Bank AG (dwpbank), some 1,200 German banks will be able to offer bitcoin to retail customers.
Gerald Celente named “Self-Sufficient Economies” as a de-globalization related Top Trend in November of 2021.
Nasdaq is currently working out regulatory clearances in order to offer crypto custody services. That’s according to a 24 March Bloomberg report.
The fast approaching FedNow instant payments system serves two goals.
Rep. Maxine Waters (D-CA), ranking member of the the House Committee on Financial Services, told Yahoo Finance that legislation regulating stablecoins could be passed in a matter of days, when Congress reconvenes this month.
Microsoft may be seeking a new crypto “edge” for its web browser.
The Federal Reserve announced that their beta FedNow instant payments system will go fully public in July.
Both Silicon Valley Bank (SVB) and Signature Bank had direct impacts on the crypto sector. The Circle owned USDC stablecoin had deposits and used services from both banks.