The European Central Bank (ECB) said it is looking for experts to help draft rules about how a digital euro would work in everyday payments in anticipation of legislation approving a central bank digital currency (CBDC) and a decision by the bank’s governing council to issue one. The ECB opened applications for experts to help
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2029.25, down 1.6% (-33.09) since yesterday’s close. Two of 20 assets are trading higher. Leaders: APT (+0.4%) and BCH (+0.4%). Laggards: NEAR (-3.3%) and HBAR (-2.9%). The CoinDesk 20
The US Federal Reserve (FED), in its March FOMC meeting, kept interest rates unchanged, in line with expectations, at 3.50-3.75 percent. The decision was made with an 11-1 vote, with Stephen Miran opposing it with a proposal for a quarter-point reduction. In his oral statements, FED Chairman Jerome Powell mentioned the possibility of raising interest
If lawmakers ultimately ban stablecoin rewards under the proposed CLARITY Act, Coinbase (COIN) could lose one tool it uses to attract users to hold digital dollars on its platform — though analysts say the impact on the exchange’s business may be limited. As lawmakers debate the future of stablecoin regulation in Washington, one unresolved question
Samson Mow, CEO of Jan3, a Bitcoin-focused technology company, made statements that sparked debate in the cryptocurrency market. Mow argued that Ethereum is incapable of fulfilling the function of “money,” while Bitcoin successfully takes on this role. Commenting on the issue via the social media platform X, Mow pointed out that the Ethereum Foundation occasionally
On Thursday, the Bank of Japan decided not to raise interest rates, choosing to leave its monetary policy unchanged due to the war America and Israel started in the Middle East. Investors are always scared for the BOJ to hike interest rates, thanks to the fateful day of August 5, 2024. So them holding off
The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function across ATMs, payment terminals and acceptance infrastructure. In an announcement published Wednesday, the ECB opened applications for two workstreams under its Rulebook Development Group (RDG), covering implementation specifications for ATM
The US Federal Reserve (FED) kept interest rates unchanged last night, as expected. However, in verbal remarks following the FED decision, FED Chairman Jerome Powell signaled that policymakers will remain cautious about interest rate cuts as long as inflationary pressures persist. Powell, indicating the possibility of a two-pronged approach regarding interest rates, stated that the
The US Federal Reserve (FED) kept interest rates unchanged last night, as expected. Following the FED decision, FED Chairman Jerome Powell, in verbal remarks, hinted at the possibility of a two-pronged approach to interest rates. Powell stated that the possibility of raising interest rates was also discussed at the last meeting, but added that it