The president of the European Central Bank (ECB), Christine Lagarde, has thrown her weight behind the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments. Speaking…
IMF Head: We Should be Open to Cryptocurrencies
Outgoing IMF Head Christine Lagarde, believes financial institutions such as Central banks and other financial bodies should remain vigilant in protecting consumer interests while at the same time being open to innovations like cryptocurrencies. The outgoing International Monetary Fund (IMF)…
The IMF Backs Further Exploration of State Backed Digital Currencies
The chairman of the international monetary fund (IMF) Christine Lagarde has encouraged the exploration central bank of digital currencies (CBDCs) amid declining demand for cash and an increased demand for virtual money. Speaking at the Singapore Fintech festival, Lagarde said…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
