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ECB’s Christine Lagarde States ‘Speculative’ Bitcoin Needs Global Regulation

European Central Bank (ECB) President Christine Lagarde has stated that Bitcoin is “highly speculative” and needs to be regulated. Speaking at the Reuters Next conference on Wednesday, Lagarde said Bitcoin has conducted “some funny business and some interesting and totally reprehensible money laundering activity.” “And there has to be regulations and this has to be… Read More

JPMorgan Conducts Repo Market Test Using JPMCoin

JPMorgan has announced that the bank performed a blockchain-based re-purchase agreement or repo market transaction, using its JPMCoin. The bank said they used the blockchain to settle an “atomic trade settlement.”  It’s worth noting that the transaction on the JPMCoin stablecoin platform can take hours, instead of days like traditional finance, according to JPMorgan. A… Read More

Deutsche Bank: Digital Central Bank Currencies Will Permanently Replace Fiat Due To Pandemic

In a report titled “Konzept #19 – What We Must Do to Rebuild” published this week, Deutsche Bank Research listed economic evaluations and proposals to aid global economies affected by the COVID-19 pandemic declaring that CBDCs would soon permanently replace cash. Citing that “cash has come under much scrutiny during the pandemic” due to concerns… Read More

President Of European Central Bank Christine Lagarde Says They Will Reach Decision On CBDCs In 2021

The president of the European Central Bank, Christine Lagarde, stated that the bank would potentially reach a decision on releasing a digital euro early next year. In a virtual policy panel held on Nov. 12th, Lagarde stated that the European Central Bank (ECB) was not “racing to be first” to release a central bank digital… Read More

ECB Sends Another Confirmation of Coming Global Currency War

As China takes a step forward on its CBDC, which some think will pose a threat to ‘dollar dominance,’ the Eurozone and the European Central Bank (ECB) is joining the show, and scrutinizing central bank digital currency. There’s no more urgent motive than to shield the Eurozone from other public or private digital currencies –… Read More

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