Central banks continue to favor gold as a safe haven asset, despite renewed attention on cryptocurrencies like Bitcoin. Peter Schiff’s recent comments highlight this trend, arguing that gold […]
Japan’s Interest Rate Hike Stalled: Weak Domestic Demand Holds Back BoJ
Japan’s interest rate decision is facing mounting obstacles as domestic demand remains weak, according to former Bank of Japan committee member Sayuri Shirai. Shirai argues that the central […]
New York Fed & BIS Launch Project Pine to Study Tokenized Financial Markets
The New York Federal Reserve and the Bank for International Settlements (BIS) have launched Project Pine, a research initiative exploring the role of tokenization in financial markets. This […]
Saudi Arabia’s Central Bank Invests in MicroStrategy: Signals Growing Interest in Bitcoin
The Saudi Arabian Central Bank has publicly confirmed ownership of 25,656 shares in MicroStrategy Inc., a move revealing their growing interest in Bitcoin. This investment marks the kingdom’s […]
Why Central Banks Are Buying Gold: Implications for Investors
In a world marked by geopolitical tensions, persistent inflation, and shifting monetary landscapes, central banks worldwide are quietly increasing their gold reserves. These strategic additions go beyond mere […]
Crypto Market Brace for Central Bank Rate Decision in September
The cryptocurrency market is anticipating decisions from central banks regarding interest rate adjustments this September, focusing on the potential impact on decentralized finance (DeFi). Experts believe these changes […]
South Korea’s Central Bank Calls for Control Over Won-Based Stablecoin Issuance
The South Korean central bank is urging authorities to have legal control over the issuance of stablecoins pegged to the Korean won. This action comes as the Bank […]
South Korea’s Central Bank Urges Early Input on Stablecoin Approval
The Bank of Korea is advocating for its involvement from the very beginning of the approval process for stablecoins backed by the Korean Won, according to PANews. Ko […]
Kiyosaki & Paul: Economic Control Concerns Rise in US
A simmering debate over economic control in the United States is gaining momentum, with financial author and commentator Robert Kiyosaki and former Congressman Ron Paul raising concerns about […]
Swedish Central Bank Maintains Interest Rate
The Swedish central bank has opted to keep its key interest rate at 2.25%, as expected by market analysts. The decision aligns with prevailing market predictions that the […]
Fed Actions Cause Crypto Market Volatility
The Federal Reserve’s recent meeting saw Chairman Jerome Powell reaffirm the central bank’s stance on maintaining interest rates, raising concerns in the financial markets, especially the cryptocurrency sector. […]
CBN Fines Paystack $250 Million for Operating Consumer Product ‘Zap’ Beyond Regulatory Scope
The Central Bank of Nigeria (CBN) has imposed a significant fine on Paystack, a prominent Nigerian fintech company, for allegedly operating its consumer product, Zap by Paystack, in […]
Japan’s Central Bank Holds Interest Rates as Economic Uncertainty Persists
Despite economic uncertainty, Japan’s central bank is expected to maintain interest rates at its upcoming meeting, according to T. Rowe Price co-portfolio manager Vincent Chung. Chung points to […]
Switzerland’s SNB Remains Unmoved as Bitcoin Exclusion Persists
Despite mounting pressure from supporters, Switzerland’s central bank (SNB) has once again rejected the inclusion of Bitcoin in its reserves. This decision follows a recent statement from President […]
Swiss National Bank Remains Cautious, Rejecting Bitcoin for Currency Reserves
The Swiss National Bank (SNB) has solidified its stance against using Bitcoin as currency reserves. In a recent announcement, SNB President Martin Schlegel cited the asset’s inherent volatility […]