European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system…
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bankdeposit requirements with liquidity thresholds, warning that sudden withdrawals could strain…
ECB plans to buy tokenized bonds with its own funds
The European Central Bank rolled out a new system to link its payment system to blockchainbased financial markets. Source:CoinDesk
ECB deploys Pontes platform to settle wholesale tokenized assets in central-bank money
The EU central bank's new wholesale platform connects DLT market infrastructure to its payment rails, separate from the retail digital euro pilot planned for…
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a…
Warsh’s Fed rolls out first interest-rate hike in 3 years — with one more increase expected
The Federal Reserve on Wednesday rolled out its decision on interest rates as the U.S. central bank tries to tame persistent inflation. Source:MarketWatch
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
European Central Bank calls for merchants to participate in digital euro pilot
The 12month test will put a beta version of the central bank currency through online, mobile, instore and peertopeer payments. Source:CoinDesk
Morgan Stanley joins Goldman Sachs in 11th-hour switch to forecasting a Fed hike
Morgan Stanley late on Monday joined Wall Street rival Goldman Sachs in changing its call from the Federal Open Market Committee leaving rates unchanged to the…
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Live updates: Bitcoin manages small gains as stocks drop on AI concern, oil surges
The Federal Reserve's twoday policy meeting begins tomorrow, with nearly all now expecting the U.S. central bank to hike its benchmark policy rate by 25 basis…
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation…