The IMF released a report warning that stablecoins could pose a big risk to emerging markets and developing economies (EMDEs), potentially undermining local currencies. The December report claimed that stablecoins could facilitate capital outflow and currency substitutions across EMDEs, but experts say the market is too small for a meaningful macroeconomic impact. However, the IMF
Norway’s central bank has decided to pause work on its Norway CBDC project, even as the country rapidly moves toward one of the world’s most cash-light economies. Summary Norway Norges Bank’s latest stance on CBDC Research findings and the digital payments backdrop Nordic policy context and future outlook Norway Norges Bank’s latest stance on CBDC
Money market traders are pricing in an ECB rate hike in the coming months, ending the period of relatively low rates. On the other hand, Polymarket predictions point to unchanged rates for most of 2026. The credit landscape in 2026 may include ECB rate hikes and an increased economic outlook for the Euro area, after
Community-driven football management and trading game Soccerverse has signed an agreement with FIFPRO, the international body representing professional footballers, a first authentic move for blockchain-based football titles. According to a press statement shared with Cryptopolitan on Wednesday, the deal grants the project access to the names and images of more than 65,000 players, which gives
Following the Federal Reserve’s announcement of a 25 basis point interest rate cut, in line with expectations, a striking assessment emerged indicating a deepening of disagreements within the institution. Nick Timiraos, known as one of the best readers of the Fed’s internal communications, noted that despite the third consecutive interest rate cut, there was an
The Fed, as expected, cut interest rates by 25 basis points. Now all eyes will be on Federal Reserve Chairman Jerome Powell’s press conference, which begins at 22:30 (UTC+3). Here’s Bitcoin’s initial reaction after the decision: In addition: The Fed will begin purchasing Treasury bonds on December 12th. The Fed stated that it will evaluate
Ahead of the Federal Reserve’s expected 25 basis point interest rate cut, which is anticipated to be announced in minutes, Kevin Hassett, a figure closely watched by the markets and expected to become the new Fed Chairman, made some very significant and noteworthy statements regarding monetary policy. Hassett, the White House Director of the National
Key Takeaways Pudgy Penguins has launched the PENGU token on BNB Chain for trading. PENGU’s BNB Chain launch reflects a strategy to reach broader Web3 users and boost utility. Pudgy Penguins’ native token, PENGU, has expanded to BNB Chain as part of the NFT brand’s growing push into the broader Web3 ecosystem. The token is
Strategy (formerly MicroStrategy) has given a strong response to the critical MSCI advisory process that could determine the fate of companies holding Bitcoin (BTC) as a strategic asset on their balance sheets. The company submitted its formal opinion against MSCI’s proposed plan to remove Digital Asset Treasury Companies (DATs) from its Global Investable Market Indexes,
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners ZKsync Lite to Shut Down in 2026 as Matter Labs Moves On Blockstream Connects Lightning and Liquid for