High-stakes duel: ECB eyes June rate cut amidst Eurozone's deflating inflation, while Fed treads cautiously amid robust US growth. Who'll make the first move? Timing is everything in this global economic chess match.
Huang BoBitcoin has failed to live up to its promise of becoming a global decentralized digital currency and remains difficult to use for legal transfers. The approval of the ETF does not change the fact that Bitcoin is not suitable as a means of payment or investment.
JinseFinanceRegulation and a better alternative are the answers to the current turmoil in the crypto market.
OthersIn a blog post, the ECB said bitcoin's recent stabilisation was "an artificially induced last gasp before the road to irrelevance".
OthersA solution that builds on existing interbank settlement infrastructure, instead of one based entirely on DLT, can be implemented "more rapidly".
CoindeskAmazon has been chosen by the ECB alongside four other companies to provide assistance in developing user interfaces intended for a digital Euro.
Bitcoinist
LedgerinsightsA recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
CointelegraphRegulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.
CointelegraphOn a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies.
Cointelegraph