Search Results for "banks"
Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.
Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks
David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.
China’s Major State-Run Commercial Banks Test CBDC Digital Wallet
China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.
Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.