cdtv
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 million in foreign-exchange transactions. Josh Lipsky, Senior Director at Atlantic Council GeoEconomics Center, discuses CBDC progress in China and around the globe.
Outlook on CBDC Progress in the United States
Josh Lipsky, senior director at Atlantic Council’s GeoEconomics Center, joins “First Mover” to discuss the significance of creating a U.S. Central Bank Digital Currency (CBDC) despite increasing U.S. dollar strength. “While the dollar is not in any risk at the moment … there could be a fracturing of the international financial system,” he said.
Court Rules CFTC Legally Served Ooki DAO Through Help Bot
A federal court ruled on Monday that the Commodity Futures Trading Commission (CFTC) can serve a decentralized autonomous organization (DAO) through a website help bot and forum post. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what the ruling means for crypto regulation.
Unregulated Crypto Could Bring Risks to Financial Stability: FSOC
The Financial Stability Oversight Council warned that cryptocurrencies could pose risks to U.S. financial stability if they "were to grow without adherence to or being paired with appropriate regulation.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the report's findings.
Why Central Banks Around the World Are Interested in Wholesale CBDCs
While a retail central bank digital currency gets all the attention, Senior Director at Atlantic Council GeoEconomics Center Josh Lipsky says central banks around the world and their commercial banks are interested in wholesale CBDCs for bank-to-bank settlement, and explains why.
Consumers Are Holding Back: Arca Portfolio Manager
"There's more dollars in savings accounts than ever before from the consumer perspective," says Arca Portfolio Manager David Nage. He shares his markets analysis as bitcoin (BTC) gains momentum.
Influencers Are 'Easier to Pick Off' Than Token Issuers: Former SEC Official on Kim Kardashian
"The SEC, just like lots of other regulators, will go after the low hanging fruit," says Lisa Bragança, former U.S. SEC Enforcement Branch chief and managing partner at Bragança Law. She gives a closer look into Kim Kardashian's $1.2 million settlement with the regulatory agency.
Grayscale Takes Over Key Role for Bitcoin Trust from Genesis; UN Agency Recession Risk Warning
A United Nations agency said Monday the Fed and other central banks risk pushing the global economy into recession if officials keep raising interest rates. Plus, Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit.
Bitcoin Remains Above $19K as Long-Term Holders Stay the Course
TheoTrade Co-founder Don Kaufman discusses his outlook for bitcoin (BTC) as the cryptocurrency remains above $19,000 and long-term holders stay the course, helping BTC to remain resilient as other risky assets fall.
Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.
