Not only is the SEC making progress in its case against Ripple, but BlockFi and 3AC were able to reach a settlement in their own case while the UK is advancing its stablecoin regulations.
For the global stablecoin market, 2023 has been a year of unprecedented developments that will shape the future of digital currencies. In addition to technological advances and innovations, there have also been significant changes in the regulations...
Quick Take The United Kingdom is experiencing a noteworthy economic phenomenon – Positive real rates – for the first time since 2008. This occurs when the Bank of England (BOE) interest rates surpass Consumer Price Index (CPI) inflation. Currently,...
Quick Take A closer look at the question, “When are interest rates returning to normal?” reveals an intriguing aspect of economic dynamics. The Bank of England (BOE) still hovers approximately 50 basis points (bps) from the average interest rate...
Quick Take Bitcoin’s recent surge after Grayscale’s recent win in its lawsuit against the SEC was accompanied by a boost in global liquidity. This measure, encompassing the Federal Reserve balance sheet (less the reverse repo and treasury general...
Quick Take Global central banks are decidedly rolling back on their respective balance sheets, indicating an aggressive stride in quantitative tightening for 2023. The Bank of England’s (BOE) balance sheet downsized by 3%, while the Federal Reserve...
CBDC privacy features The Bank of England (BoE) is investigating privacy risks in the operation of CBDCs for public use, it was revealed on the 5th. British company Nuggets, a Web3 (decentralized web) technology and payment services company, will...
The Bank for International Settlements has issued a report wrapping up its CBDC experiment. According to the release, Project Rosalind has successfully tested over 30 digital money use cases.
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