The report suggests that, based on the experiment, an intraday, wholesale CBDC could have a positive impact on financial stability and limited influence on monetary policy. But Sylvie Goulard, deputy governor of the Bank of France, said that the scale of the experiment was too limited to arrive at broader conclusions. Source link … [Read more...] about BIS Experiment Finds CBDCs to Be Effective in Cross-Border Settlements
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Former Bitcoin opponent says crypto is an effective hedge against currency debasement
Financial industry veteran George Ball believes investors would be prudent to allocate a “small part” of their portfolio to cryptocurrencies — marking a major departure from his previous stance towards digital assets. In an interview with Yahoo Finance, Ball described cryptocurrencies like Bitcoin (BTC) as an “attractive” option for investors looking to hedge against currency … [Read more...] about Former Bitcoin opponent says crypto is an effective hedge against currency debasement