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Banking

“IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’”

November 15, 2023

” Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International Monetary Fund on Wednesday… The IMF has said that more than 100 countries are exploring CBDCs – or approximately 60% of… Continue Reading…

Cryptocurrencies

“Over 60 S.Korean crypto exchanges set to suspend services next week”

September 17, 2021

“More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial… Continue Reading…

Economy, Precious Metals

“Mobius Says Hold 10% in Gold as Currencies Will Be Devalued”

August 30, 2021

“Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic. At this stage, “10% should be put into physical gold,”… Continue Reading…

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