Digital transformation with blockchain technology on a state level
Hyperinflation is inevitable and a basket currency together with Bitcoin might be the remedy, says founder of Saga
The world will not be the same after the COVID-19 pandemic with the necessity for the brand new global monetary system based on crypto.
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed G20 Sets International Rules […]
The post G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra appeared first on Bitcoin News.
The IMF’s prediction of deepening economic recession appears to bode poorly for Bitcoin amid record correlation with the S&P 500
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures totaling some 5 trillion dollars or over 6% of […]
The post IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed appeared first on Bitcoin News.
Tao Zhang, an IMF leader, details the pros and cons of a central bank digital currency, as well as a hybrid solution
What similarities exist in the market between 2012 and 2020, and how will the past help us to be ready for the future?
‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on the wall for something big. Even the beloved Walt Disney […]
The post Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset appeared first on Bitcoin News.
An IMF official is concerned that central banks may be rushing to develop blockchain systems without properly vetting the technology first