.@KGeorgieva: Interoperability and regulation are two things to consider when it comes to the impact of #cryptoassets on the international monetary system. 📺 Watch the #DigitalMoney Revolution seminar here: https://t.co/4GgWv5n88l
The collapse of the system of fixed exchange rates shook the world in 1971, but paved the way for the modern international monetary system. As we contemplate how the digital age may further alter the system, the past holds some lessons. #IMFBlog https://t.co/ZO7hnhgRh3
US Federal Reserve Governor said the private sector is already developing cheaper payment alternatives to compete with the banking system. Hence it seems unnecessary for the US central bank to create a #CBDC to drive down payment demands
https://t.co/qgQPonjN3S
“It is a sovereign decision, but it doesn't make it a good decision."
@KGeorgieva Managing Director @IMFNews weighs in on #ElSalvador’s move to adopt #Bitcoin as legal tender.
Plus, her 5-year forecast on the world’s future reserve currency - digital X vs USD.
“People are asking for digital solutions. We have to rise to the challenge & provide them with cash in the digital form.”
Agustín Carstens, GM @BIS_org calls #bitcoin an ecological disaster & #blockchain a wonderful tech.
We talk #CBDCs & regulating Big Tech's role in finance.
James Wallis, VP of Central Banks Engagement, shares how #CBDCs can enable the next wave of financial inclusion and innovation — in fiscal policy and beyond. https://t.co/Kvv5gcXjlr
Today I introduced my vision for adding federated sidechains to the XRP Ledger which means a lot of things but essentially that anyone who wants to, can run a sidechain to the XRPL. 1/6 https://t.co/5dqXLfdVrk
Looking forward for the second movie @TheOfficialBale … Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla https://t.co/sDQYfU2sAE
Ripple is piloting a private version of the open-source, public #XRPL that allows Central Banks to create and manage a digital currency—enabling global interoperability. Get involved today. https://t.co/fLRSdejGI8
Our new advisory board call is out now, featuring our special guest @wmiddelkoop as well as @JamesGRickards, @MarkValek and @RonStoeferle. We talked about the #GreatReset, #gold, bitcoin and more! Watch the video here:
https://t.co/iRmpIt2Z8u
https://t.co/mKUBME0zTM
People are laughing about Christine Lagarde warning of global regulation of #Bitcoin
Don’t laugh.
This is not us bashing it’s more a warning.
When central banks globally implement digital currencies they will consolidate payment rails to control flows as we have predicted...