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European Central Bank says Bitcoin is dead | Invezz

December 1, 2022 by admin

The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way to “irrelevance.” As to the why of this outlook, the ECB points to Bitcoin’s crash from (highs of $69,000 reached in November 2021, to lows …

India’s central bank starts digital rupee pilot

November 1, 2022October 31, 2022 by admin

The Reserve Bank of India (RBI) will debut a pilot for its central bank digital currency (CBDC) targeting the wholesale segment, the bank announced on Monday. India is one of the countries with the highest number of cryptocurrency users, and while the government’s approach to crypto trading has been more unwelcoming, its been the opposite …