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Bitcoin could collapse, warns Central Bank of Sweden

Bitcoin could collapse, warns Central Bank of Sweden

Sweden’s central bank governor compared the Bitcoin market to commercial stamps, questioning the staying power of coins without government support. “Private money usually collapses sooner or later,” said Riksbank (Central Bank of Sweden) Governor Stefan Ingves at a banking conference in Stockholm. “And of course

IMF and World Bank rush to release digital bank currencies

IMF and World Bank rush to release digital bank currencies

The leading global financial institutions have released a report calling on central banks to work together to achieve “interoperability” between their digital currencies. The document, published on Friday (9), was prepared by the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and the

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Central Bank authorizes WhatsApp payments in Brazil

Reuters advanced with the news that the Central Bank of Brazil authorized the operation of WhatsApp Pay in the country, thus allowing users of the app to transfer money between themselves. WhatsApp Pay started being launched in Brazil in 2020, and at that time the