Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease
Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.
Expert: Tether is like another printing press from a central bank
Stablecoin Tether may be printed to infinity, since the coin is not secured by anything. That’s what Alpari analyst Maxim Parkhomenko told LetKnow.News.
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
After issuing comments and reports heavily critical of cryptocurrencies over the last few years, Agustin Carstens, chief of the Bank for International Settlements (BIS), has acknowledged that central banks will likely soon need to issue their own digital currencies.
Top Five (5) Blockchain Technology Use Cases For Central Banks
The coming of Bitcoin, Altcoin and blockchain technology has met with so much criticism in the early days. The new innovations these digital currencies came with were hugely criticized especially by financial institutions and central banks in general.