central banks


Policy

New IMF Report Warns of Stablecoin Risk, Sparking Criticism From Experts

The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.

IMF logo

Finance

Could Stablecoins Spark a New Contagion? BIS Warns, Coinbase Pushes Back

Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.

dollar bill

Markets

As Gold Keeps Setting New Highs, China Reportedly Wants to Be Its Custodian for Central Banks

Beijing is said to be courting foreign central banks to store bullion in Shanghai vaults as gold hovers near record highs and demand strengthens.

1Kg gold bars

Markets

Bitcoin to Join Gold on Central Bank Reserve Balance Sheets by 2030: Deutsche Bank

As investors look for alternatives to traditional assets, bitcoin could evolve from a speculative bet into a legitimate pillar of the global financial system, the bank said.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

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Markets

Crypto Market Is Skeptical About the Formation of a U.S. Strategic Reserve: JPMorgan

A number of U.S. states have rejected the idea of using bitcoin as a reserve asset due to its volatility, the report said.

JPMorgan building (Shutterstock)

Policy

More Central Banks Are Exploring a CBDC, BIS Survey Finds

There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

BIS building (BIS)

Markets

Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'

The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks

The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.

Japan (Su San Lee/Unsplash)

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Opinion

Test and Deploy: A New Era for CBDCs

Live CBDCs have been met with underwhelming demand. However, some central banks are pushing ahead with more modestly-scaled efforts laser focused on specific use cases.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)