CBDCs could put banks’ profits at risk, as per this report
Emerging CBDC cross-border transaction technology can put the banks’ profits at risk, as per a…
CBDCs could put banks’ profits at risk, as per this report
Emerging CBDC cross-border transaction technology can put the banks’ profits at risk, as per a new Moody’s report. Cross-border CBDC transactions would require entirely new infrastructure, reducing the role of banks even further. Emerging central bank digital currency (CBDC) cross-border transaction technology has the potential to transform the global economy by making services for many…
Dollar steadies near seven-week low; Fed set to pause?
By Peter Nurse Investing.com – The U.S. dollar steadied near its seven-week low in early European trade Friday as traders contemplated the Federal Reserve’s next move as confidence in the banking sector remained fragile. At 03:55 ET (07:55 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, traded…
Ripple CTO Reaction to Coinbase Wells Notice Heats Up Twitter
Ripple CTO claims the SEC can’t tell what the rules are. XRP price soared over 19% in a week. While the US Securities and Exchange Commission (SEC) continues to be engaged in a prolonged legal dispute with Ripple, the watchdog has now picked Coinbase (NASDAQ: COIN ) as its new target. The exchange reportedly received…
