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Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde

Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde

by AIP Online Bureau | May 21, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Christine Lagarde,European Central Bank President Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be...

Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies “can replace a part of monetary system it will also...

Cryptocurrencies: why they’ve crashed and what it could mean for their future

by AIP Online Bureau | May 15, 2022 | Articles, Eco/Invest/Demography, Trends, Facts, Wealth Management/ Philanthropy

Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a “peg” to some other underlying asset If you had invested £100...

Crypto bodies being targeted by North Korean hackers: Singapore’s DeFiance Capital

by AIP Online Bureau | Apr 20, 2022 | Eco/Invest/Demography, International News, Technology

“It is critical that this industry is highly aware that we are being targeted by a state-sponsored cybercrime organization that is extremely resourceful and sophisticated,” Cheong said on Twitter All prominent cryptocurrency organizations are probably being targeted...
Money laundering, terror financing biggest risks of crypto: Sitharaman

Money laundering, terror financing biggest risks of crypto: Sitharaman

by AIP Online Bureau | Apr 19, 2022 | Eco/Invest/Demography, International News, Policy, Technology, Wealth Management/ Philanthropy

India’s finance minister Nirmala Sitharaman “If I use 2019 data, the digital adoption rate in India is about 85 per cent. But globally that same year it was only somewhere near 64 per cent. So the pandemic time actually helped us to test and prove for...
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