Bank profits at risk from potential CBDC transformation of global economy: Moody’s
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.
Brian Armstrong urged crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town halls” in an effort to achieve clear rules for crypto.
Ethereum price is up today as an uptick in activity on the Ethereum network was followed by an ETH price rally to $1,850
BTC price dropped as the Fed rolled out a 0.25% rate hike, but improving housing market data and Bitcoin options data suggests that bulls are ready for this week’s expiry.
The proposed purchase price of the Mysten Labs shares was roughly 95% of the amount FTX Ventures invested as part of a $300-million funding round in September 2022.
ARB sold off upon being listed on exchanges, and some users reported a claim experience laden with tech issues, but the token could follow the trajectory of previous airdrops.
The Swiss crypto bank, however, would stick to its policy of not onboarding U.S. clients as they focus on its core target market.
ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed.
Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well.
Bitcoin sees swift fluctuations after the Fed hikes 0.25%, but Chair Jerome Powell hints that policy may now change.