Tag

Monetary System

All articles tagged with #monetary system

Central Banks Critique Stablecoins and Advocate for Tokenized Ledgers

Originally Published 6 months ago — by Bank for International Settlements

Featured image for Central Banks Critique Stablecoins and Advocate for Tokenized Ledgers
Source: Bank for International Settlements

The article discusses how tokenisation and a unified ledger could transform the next-generation monetary and financial system by improving efficiency, trust, and accessibility, while highlighting the limitations of stablecoins and the importance of central bank reserves to maintain stability and integrity.

"Bitcoin ETFs: Reshaping the Global Investment Landscape"

Originally Published 1 year ago — by Forbes

Featured image for "Bitcoin ETFs: Reshaping the Global Investment Landscape"
Source: Forbes

The approval of bitcoin exchange-traded funds (ETFs) by the SEC has far-reaching consequences, making it extremely difficult for the U.S. to ban the digital asset and permanently altering the global monetary system. The institutionalization of bitcoin through ETFs creates a significant barrier for the government to restrict its adoption, as major financial players now hold billions of dollars of bitcoin. This move ensures that bitcoin will remain a reliable store of value, especially as a potential insurance policy against a weakened U.S. dollar due to escalating federal debt.