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⁠JP Morgan: CBDC Threatens Hegemony of US Dollar

JPMorgan believes that central bank digital currencies may undermine the hegemony of the US dollar.

https://ct.com/8lmu

Cointelegraph

JP Morgan: CBDC Threatens Hegemony of US Dollar

JPMorgan believes that central bank digital currencies may undermine the hegemony of the US dollar

⁠Global Central Banking Think Tank Launches Digital Monetary Institute

A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking.

https://ct.com/8ljz

Cointelegraph

Global Central Banking Think Tank Launches Digital Monetary Institute

A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking

BitMEX Trading Engine is Down

Germany Enters Recession as Over 100 Banks Charge Negative Interest RatesGermany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country… read more:https://news.bitcoin.com/germany-recession-banks-charge-negative-interest-rates/

Bitcoin News

Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates

Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008. Over 100 banks in the country are now charging customers negative interest rates.

⁠Central Banks Uninterested in Digital Currency for Consumers, Says Visa ExecDigital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.

https://ct.com/8l02

⁠U.S. Consumer Protection Agency Recognizes XRP’s Potential in RemittanceA U.S. consumer protection agency shout outs Ripple and XRP cross-border settlements in a recent regulatory update.

https://ct.com/8kzx

⁠BitMEX Faces Lawsuit for Alleged Racketeering and Extensive Illicit ActivitiesBitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission.

https://ct.com/8kzs

Fed Chair: ‘We Have the Ability to Create Money Digitally’Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed.

https://ct.com/8kzi

Cointelegraph

Fed Chair: ‘We Have the Ability to Create Money Digitally’

Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed

⁠DigiByte Founder Steps Down, Slams ‘Greedy’ Crypto CultureDigiByte’s founder has stood down citing a corrupted crypto culture fixated on profiteering just weeks after DGB rallied 90% in six weeks.

https://ct.com/8kwu