CBDCs Are Worse Than Bank Accounts, Says Blockstream CEO Adam Back
One such is the Bitcoin proponent and Blockstream CEO Adam Back, who said CBDCs are worse than bank accounts. In the latest tweet, Back vouched for Bitcoin as an “apolitical,…
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One such is the Bitcoin proponent and Blockstream CEO Adam Back, who said CBDCs are worse than bank accounts. In the latest tweet, Back vouched for Bitcoin as an “apolitical,…
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments…
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences.
On July 19, India’s Finance Minister Nirmala Sitharaman said in a speech at the Lok Sabha, the lower house of India’s bicameral Parliament, that crypto is a danger to international…
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He…
Philip Lowe – Governor of the Reserve Bank of Australia – believes cryptocurrencies issued by private companies could provide more benefits than central bank digital currencies (CBDCs), but only after…
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making…
Inflation is raging in the United States, and banks are looking for solutions to cope with this crisis. Still, crypto is not on the radar of financial strategists just yet.…
Alex Tapscott’s new book breaks down key DeFi concepts for business leaders.
The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology.