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Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course.…

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Macroeconomic data points toward intensifying pain for crypto investors in 2023

Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.

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French central bank governor pushes for crypto licensing ahead of EU laws

The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

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Report: Syrian Central Bank Devalues Local Currency by Nearly 50%

The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank…

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Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the…

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Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form…

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China’s Digital Yuan Little Used, Former Central Bank Official Says

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat…

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