In the Monetary Policy report released by the Fed on Friday, July 9, it was stated that crypto assets were included for the first time, while the price increase of crypto assets was an indicator of the increase in risk appetite.
Mechanicville Begins BTC Mining
While Mechanicville, the historical power plant in New York, started Bitcoin mining with some of the power it produces, the owner of the plant stated that BTC mining is more profitable than selling the excess energy.
Joint Report from BIS, IMF and World Bank to G20 Countries
In the report prepared by the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and the World Bank for G20 countries, it was stated that digital central bank currencies can make international payments cheaper and faster.
Chinese State Council Wants to Accelerate Blockchain Studies for Foreign Trade
The State Council of China, in its recommendations on how to develop models used in foreign trade transactions, announced that the work in the field of Blockchain should be “accelerated”.
Survey Results for CBDC from the National Bank of Ukraine
The results of the survey conducted by the National Bank of Ukraine revealed that representatives of the financial sector wanted a central bank digital currency to be issued and preferred it to be a blockchain-based currency.
Warning From ECOWAS About Using Cryptocurrency
The parliament of the Economic Community of West African States (ECOWAS) warned against the use of cryptocurrencies while stressing that cryptocurrencies are very volatile.
Explanation About Lagarde Digital Currencies
Christine Lagarde, President of the European Central Bank (ECB), said that there are at least 80 central banks around the world that are interested in digital currencies, and that it is their duty to have digital currencies that will work for the benefit of consumers.