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Florida Governor Ron DeSantis is the new US presidential candidate! (FOX)
✔ Tomorrow DeSantis will announce this during a conversation with Elon Musk on Twitter.
✔ Earlier, the governor of Florida signed a law banning CB DC!
✔ Robert F. Kennedy Jr., who is also a US presidential candidate, is against #CBDC and is drowning for Bitcoin!
@Cryptoz ₿
✔ Tomorrow DeSantis will announce this during a conversation with Elon Musk on Twitter.
✔ Earlier, the governor of Florida signed a law banning CB DC!
✔ Robert F. Kennedy Jr., who is also a US presidential candidate, is against #CBDC and is drowning for Bitcoin!
@Cryptoz ₿
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💧 #XRP Ripple: “The future of money belongs to digital technologies!” (original)
- Ripple is promoting its platform to launch #CBDC.
- The company expects that after the decision of the district court, US banks and other financial institutions will show more interest in the implementation of XRP!
@Cryptoz ₿
- Ripple is promoting its platform to launch #CBDC.
- The company expects that after the decision of the district court, US banks and other financial institutions will show more interest in the implementation of XRP!
@Cryptoz ₿
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🇺🇸 Bank of America: “PYUSD will not be widely distributed!”
The launch of the PayPal stablecoin will increase the efficiency of payments and improve the quality of customer service.
▫ but the introduction of cryptocurrencies will NOT be significant in the near future.
▫️ PYUSD will face difficulties in implementation due to #CBDC and lack of regulatory framework.
▫ banks need to get permission from regulators to use stablecoin.
The Fed is also strengthening banking control in the field of cryptocurrencies.
@Сryptoz ₿
The launch of the PayPal stablecoin will increase the efficiency of payments and improve the quality of customer service.
▫ but the introduction of cryptocurrencies will NOT be significant in the near future.
▫️ PYUSD will face difficulties in implementation due to #CBDC and lack of regulatory framework.
▫ banks need to get permission from regulators to use stablecoin.
The Fed is also strengthening banking control in the field of cryptocurrencies.
@Сryptoz ₿
👁🗨 Deputy Chairman for Banking Supervision of the Federal Reserve, Bbl:
- The Fed is very interested in regulating the issuers of stablecoins.
- Private sector stablecoins can become private money.
- It is obvious that there are a lot of innovations and they cannot be ignored.
- The Fed is weighing the need to launch a #CBDC, but further progress on this issue largely depends on Congress.
Barr calls on Congress to speed up the adoption of a law to regulate stablecoins. (original)
- The Fed is very interested in regulating the issuers of stablecoins.
- Private sector stablecoins can become private money.
- It is obvious that there are a lot of innovations and they cannot be ignored.
- The Fed is weighing the need to launch a #CBDC, but further progress on this issue largely depends on Congress.
Barr calls on Congress to speed up the adoption of a law to regulate stablecoins. (original)
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💵 The Fed 's balance sheet increased by 1.2 billion .$for one week!
▪️ Barkin, Chairman of the Federal Reserve:
- There is no need to rush to reduce the interest rate yet.
▪️ Kashkari, Chairman of the Federal Reserve:
- 2-3 Fed rate cuts this year seem appropriate.
▪️ Kugler, Chairman of the Fed:
- If the disinflation process stalled, it might be appropriate to keep the rate at the same level.
- I am skeptical about #CBDC.
▪️ Mester, Chairman of the Federal Reserve:
- We are not going to create a CBDC until Congress asks for it.
📌 Market expectations (Fed rate):
- March 20: Pause.
- May 1st: reduction of the interest rate by 25 bps.
Q6Z29BCT
@Сryptoz ₿
▪️ Barkin, Chairman of the Federal Reserve:
- There is no need to rush to reduce the interest rate yet.
▪️ Kashkari, Chairman of the Federal Reserve:
- 2-3 Fed rate cuts this year seem appropriate.
▪️ Kugler, Chairman of the Fed:
- If the disinflation process stalled, it might be appropriate to keep the rate at the same level.
- I am skeptical about #CBDC.
▪️ Mester, Chairman of the Federal Reserve:
- We are not going to create a CBDC until Congress asks for it.
📌 Market expectations (Fed rate):
- March 20: Pause.
- May 1st: reduction of the interest rate by 25 bps.
Q6Z29BCT
@Сryptoz ₿
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❗️ #Fed Jerome Powell in the US Congress
(broadcast)
▫️The beginning of a Fed rate cut is possible this year if the US economy continues to develop according to our expectations.
▫️The Fed is well aware of the risk of easing the PREP too late.
▫️Our job is to restore price stability, and that's what we're doing.
▫️The real estate market is currently in a very difficult situation.
▫️Steady growth rates of the US economy are observed.
▫️The labor market is strong, but still quite tense.
▫️ Inflation has fallen sharply since the beginning of last year.
▫️ We are far from implementing #CBDC in any format.
▫️The rate is currently at a fairly restrictive level.
▫️The Fed will lower the rate when it is confident of achieving the 2% inflation target. (we are already close to it)
WAPL81IX
@Сryptoz ₿
(broadcast)
▫️The beginning of a Fed rate cut is possible this year if the US economy continues to develop according to our expectations.
▫️The Fed is well aware of the risk of easing the PREP too late.
▫️Our job is to restore price stability, and that's what we're doing.
▫️The real estate market is currently in a very difficult situation.
▫️Steady growth rates of the US economy are observed.
▫️The labor market is strong, but still quite tense.
▫️ Inflation has fallen sharply since the beginning of last year.
▫️ We are far from implementing #CBDC in any format.
▫️The rate is currently at a fairly restrictive level.
▫️The Fed will lower the rate when it is confident of achieving the 2% inflation target. (we are already close to it)
WAPL81IX
@Сryptoz ₿
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#cbdc
🇨🇳 Beijing issued the first loan in digital yuan.
➥ Beijing Rural Commercial Bank issued the first loan for 1,000,000 digital yuan.
➥ Format - a state program, where part of the risks on the loan is assumed by the state. This reduces the burden on banks and encourages businesses to use the digital yuan.
➥ The pilot project is aimed at supporting small and medium-sized businesses: the company receives money faster and with state support, and the authorities promote the mass use of e-CNY.
@Сryptoz ₿
➥ Beijing Rural Commercial Bank issued the first loan for 1,000,000 digital yuan.
➥ Format - a state program, where part of the risks on the loan is assumed by the state. This reduces the burden on banks and encourages businesses to use the digital yuan.
➥ The pilot project is aimed at supporting small and medium-sized businesses: the company receives money faster and with state support, and the authorities promote the mass use of e-CNY.
@Сryptoz ₿
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#cbdc
🇮🇳 India is launching a digital currency to speed up transactions.
The Minister of Trade and Industry Pijush Goyal said that the new digital rupee is guaranteed by the Reserve Bank of the country (RBI) - like ordinary money, but on the blockchain.
Unlike Bitcoin, which the government considers a «unguaranteed asset», the digital rupee will become the official alternative to private cryptocurrencies.
What does it mean:
- Operations will be carried out instantly and safely.
- Each transaction will become transparent and trackable.
- The system will help fight shadow translations.
Goyal noted that the project is inspired by the American GENIUS law, which legalized stablecoins in the United States.
@Сryptoz ₿
The Minister of Trade and Industry Pijush Goyal said that the new digital rupee is guaranteed by the Reserve Bank of the country (RBI) - like ordinary money, but on the blockchain.
Unlike Bitcoin, which the government considers a «unguaranteed asset», the digital rupee will become the official alternative to private cryptocurrencies.
What does it mean:
- Operations will be carried out instantly and safely.
- Each transaction will become transparent and trackable.
- The system will help fight shadow translations.
Goyal noted that the project is inspired by the American GENIUS law, which legalized stablecoins in the United States.
@Сryptoz ₿
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TIS is one of the largest payment operators in Japan, processes transactions in the amount of $2,000,000,000,000 per year.
Multi-Token Platform will allow banks and corporations to issue and pay in stablecoins, tokenized deposits and in the future - digital yen (#CBDC).
@Сryptoz ₿
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The Central Bank of Brazil, Hong Kong Monetary Authority, Banco Inter, Chainlink, Microsoft Brazil, 7COMm, Standard Chartered and GSBN have completed the first successful test of cross-border settlements using #CBDC and CCIP Chainlink infrastructure.
@Сryptoz ₿
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