Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says – Finance Bitcoin News
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank...
Finance
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says – Finance Bitcoin News
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official...
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’ – Finance Bitcoin News
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw...
India, Russia Mull Payment System Integration in Face of US Sanctions – Finance Bitcoin News
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible...
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says – Finance Bitcoin News
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according...
A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023 – Finance Bitcoin News
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves...
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says – Finance Bitcoin News
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases....
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say – Finance Bitcoin News
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the...
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse – Finance Bitcoin News
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the...
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks – Finance Bitcoin News
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports,...
BRICS to Promote National Currencies Before Issuing Common One – Finance Bitcoin News
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again – Finance Bitcoin News
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual...
World’s Largest Regional Organization to Switch to Settlements in National Currencies – Finance Bitcoin News
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of...
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says – Finance Bitcoin News
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist...
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services – Finance Bitcoin News
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The...
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements – Finance Bitcoin News
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in...
BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds – Finance Bitcoin News
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD)....
Russia to Work With Digital Currencies of Other Nations – Finance Bitcoin News
The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of...
Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance – Finance Bitcoin News
According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure...
Mutual Bank in New Jersey to Give Customers the Ability to Buy, Sell and Hold Cryptocurrency – Finance Bitcoin News
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the...
Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants – Finance Bitcoin News
Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch...
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype – Finance Bitcoin News
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees...
