Swiss Central Bank Rejects Bitcoin for Reserves The Swiss National Bank (SNB) has made a decisive move by rejecting Bitcoin as part of its reserves. The decision comes as SNB President Martin Schlegel argues that the extreme price fluctuations of the cryptocurrency make it unsuitable for Switzerland’s monetary policy needs. Bitcoin, known for its volatility, […]
Jerome Powell confirms US will not issue CBDC under his leadership
Jerome Powell Confirms US Will Not Issue CBDC Under His Leadership In a recent announcement, Jerome Powell, the Chairman of the Federal Reserve, has made it clear that the United States will not be issuing a Central Bank Digital Currency (CBDC) during his tenure. This decision comes as a confirmation of Powell’s stance on the […]
The BoF Podcast | The Luxury Crisis, Explained
The Luxury Crisis: Understanding the Forces Behind the Slowdown In a recent episode of The BoF Podcast, Imran Amed and Bob Safian engaged in a thought-provoking discussion about the current state of the luxury industry. The conversation revolved around the various forces that have contributed to the slowdown in the luxury sector and what steps […]
France Faces Political Crisis as Bitcoin Hits Record Highs
In recent weeks, Bitcoin’s surge to record highs has contributed to growing instability in France, a nation already grappling with significant economic challenges. As the cryptocurrency market continues to draw in investment and public attention, it raises important questions about the implications for traditional financial systems and government policies. This article will explore the intersections […]