Signed executive order Thursday prohibiting federal agencies from establishing, issuing or promoting central bank digital currencies
During the confirmation hearings of the Treasury secretary nominee Scott Bessent on Thursday, 16 January, this exchange caught my attention (at about 52-min. mark of the video linked above):
Pulaski Savings Bank, a $49.5 million asset Chicago-based community bank, was shut down Friday by the Illinois Department of Financial and Professional Regulation.
...UN-Mandated Digital Identity Chip?
The Reserve Bank of India (RBI) has reportedly decided to carry out a trial by depositing reimbursement allowances into its officers' digital currency wallets.
Italy's biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a "test" purchase worth $1 million.
The concept of a central bank digital currency predates crypto's most recent down market. However, it has steadily gained momentum as governments recognize the need to modernize payment systems while addressing various economic and technological ch
BlackRock, the world's largest asset manager overseeing approximately $11.5 trillion in assets, has decided to withdraw from a climate pact backed by the United Nations (UN) that advocates for aggressive de-carbonizing of the economy.
A few years ago they were all going to save the world from the sixth mass extinction, but now they just want to avoid an anti-trust suit.
Josh Sigurdson talks with Mark Gonzales about the push for bank bailouts all over the world right now as Greece, Germany, the UK, Switzerland, Canada and the US grapple with bank failures and bail out decisions.
It's a "scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt."
7% of Kuwaitis Now Risk Being De-Banked For Not Getting Fingerprinted as Digital ID Sweeps The World
Michael S. Barr, the Vice Chair for Supervision at the Federal Reserve, announced he is resigning from this role today. Barr will no longer fill this third-ranking position on the Board of Governors, but he intends to remain at the Fed until further
Citigroup, BofA, and Morgan Stanley join Vanguard, JPMorgan, BlackRock, State Street, Goldman Sachs and Wells Fargo in leaving.
Josh Sigurdson talks with Mark Gonzales about a potentially historic move that could be made under the Trump administration where regulators may actually abolish the FDIC (Federal Depositor Insurance Corporation).
The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions, according to a pers
Another year is ending, which means it's time to look back in order to better look forward.
Since central banks became a 'thing' back in the early 20th century, we have seen a massive decline in the national finances of most countries around the world.
Brazilian Congresswoman Julia Zanatta raises concerns about the potential risks of Brazil's central bank digital currency (CBDC), Drex, and opposes a bill that seeks to eliminate cash. Zanatta advocates for voluntary adoption of Drex and calls for a
Robert Kiyosaki predicts bitcoin will hit $350K in 2025, slamming Blackrock for suppressing BTC prices and urging investors to buy before institutional whales take over.
When Frank Capra's "It's a Wonderful Life" was being filmed in 1945, just as the Second World War was closing and a few years before the Cold War was heating up, the FBI investigated it for its supposed anti-capitalist themes.
The proposed hybrid model combines central bank authority with private sector roles to optimize CBDC deployment and user interaction.
We have come to accept that we are permanently trapped in an endless cycle of debt and money creation. But the only reason why debt and money grow at an exponential rate is because that is what our system was designed to do.
A federal initiative that began during the Obama administration with the goal of debanking certain industries disfavored by federal officials has apparently been resurrected and is taking aim at cryptocurrencies.
Mel K w/ Martin Armstrong & James Patrick | CBDC: The End of Money
The proposed hybrid model combines central bank authority with private sector roles to optimize CBDC deployment and user interaction.
The overton window has officially shifted and Bitcoin is going mainstream...
The Bangko Sentral ng Pilipinas (BSP) announced it has concluded testing for Project Agila, an initiative that allows financial institutions (FIs) to facilitate large-value fund transfers beyond traditional banking hours.
When I was twenty-four, I knew virtually nothing about business and less about banking. I had very limited self-esteem and assumed that, if someone was wearing a suit, he knew what he was doing and I shouldn't question him.
The Bank of England's digital pound plans raise critical privacy concerns, emphasizing "privacy, not anonymity," amid data security risks.
