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Tag Archives: central bank

Inflation or recession dilemma

Fed has already raised interest rates by 225 basis points since March to halt escalating inflation. With economy shaking, how will it proceed from here? Powell may leave clues in Jackson Hole. Exactly a year ago, central bankers were saying at Jackson Hole that high

Central Bank of Argentina bans banks from trading bitcoin

Central Bank of Argentina bans banks from trading bitcoin

The Central Bank of Argentina banned this Thursday night (5) the offer of crypto-assets, including Bitcoin, by financial institutions in the country. The Argentine BC published a statement entitled “BCRA discourages the offer of crypto-assets by the financial system”, but the body of the text

Central Bank of Russia continues tests Digital Ruble

Central Bank of Russia continues tests Digital Ruble

The Central Bank of Russia emphasized the importance of moving forward with its digital ruble project. According to a statement by a representative, the Russian monetary authority has no intention of delaying the tests, although not all invited banks are ready to participate. The Central

Russia wants taxis to hand over passenger data to security services

Russia will finally treat Bitcoin as a currency

The Russian government and the central bank of Russia have reached an agreement to properly treat crypto assets such as Bitcoin for coins. Instead of trying to ban cryptocurrencies from their country, as China did, the Russian state machine has stricter proposals to capture cryptocurrencies.