Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
Central Banks
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing’
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
Test and Deploy: A New Era for CBDCs
Central banks from Mexico and Colombia studied crypto’s role in the developing world (Flickr)
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report
Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
World’s Most Influential Central Banks’ Balance Sheets Look to Have Troughed
The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year.