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Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

Analysis These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money. “There is an infinite amount of ..

Bank of England’s Future Leader Trashes Bitcoin In U.K. Parliament

Last week, the crypto industry was once again hit when it was revealed that Warren Buffett — co-CEO of Berkshire Hathaway and one of the world’s richest people — had bashed Bitcoin for the umpteenth time in a few years. Per previous reports from Blockonomi, the investing legend confirmed that he wi..

Bank of England Warns Crypto Adoption May Impact Credit Creation

News Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank credit issuance. In a speech delivered to the London School of Economics on Feb. 2..

Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

News Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks to consider developing central bank cryptocurrencies in response to recent moves from privat..

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