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Facebook Buying Bitcoin? 7 Things We Know About the Rumors

Facebook Buying Bitcoin? 7 Things We Know About the Rumors
Rumors are abounding regarding Facebook buying Bitcoin, and we ll be finding out if they re true very soon
April 28, 2021
By
Brenden Rearick, InvestorPlace Assistant News Writer
Apr 28, 2021, 12:34 pm EDT
April 28, 2021
Bitcoin (CCC:
BTC-USD). The digital asset is enjoying its time in the spotlight, and is attracting an awful lot of big-time investors in the process. For example,
Tesla (NASDAQ:
TSLA) purchased a whopping $1.5 billion in BTC earlier this year. It has since sold 10% of that stake for $101 million in profit. Now, whispers are getting louder around
Facebook (NASDAQ:
FB). With rumors swirling about Facebook buying Bitcoin, the asset could be looking at another investment and a resulting price boost. ....

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Interview on CBDCs with James Pomeroy, Global Economist, HSBC

Interview
Interview on CBDCs with James Pomeroy, Global Economist, HSBC
Friday 23 April 2021 08:53 CET | Editor: Claudia Pincovski | Interview
Ahead of
The Paypers has sat with
James Pomeroy, Global Economist at
HSBC to delve into the latest CBDC projects and highlight the benefits, risks, unknowns these projects entail
Could you please tell our readers a bit about your professional background and how does your experience tie into topics such as CBDCs, stablecoins, and crypto (maybe)?
I’m a global economist at HSBC, so I’m looking at these topics from an economist’s perspective. So, while a lot of the analysis focuses on technological issues, I spend my time thinking about what these forms of digital money could mean for payments and monetary policy – and, crucially, whether they will make our lives better. ....

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Is the Bank of England's CBDC announcement overdue?

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Is the Bank of England’s CBDC announcement overdue?
5 hours ago
Chancellor Rishi Sunak
recently announced several significant updates to enhance the UK’s competitive advantage in fintech, one of which pertains to exploration of a retail central bank digital currency (CBDC).
A CBDC is a central bank-issued digital money, denominated in the national unit of account, representing a liability of the central bank and would be available for use by households and businesses. The idea is generating significant interest from central ....

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Emirates News Agency - Al Sayegh reviews future of FinTech before Bo-ao Forum for Asia

Emirates News Agency - Al Sayegh reviews future of FinTech before Bo-ao Forum for Asia
wam.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wam.ae Daily Mail and Mail on Sunday newspapers.

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Bank and Treasury launch taskforce to explore creation of e-currency

Bank and Treasury launch taskforce to explore creation of e-currency
Camilla Canocchi for Thisismoney.co.uk
© Provided by This Is Money
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The Bank of England and the Treasury will launch a new joint taskforce to explore the pros and cons of creating a Britcoin - a central bank digital currency for the UK.
Chancellor Rishi Sunak said the taskforce is being set up as part of a series of measures to boost the UK s financial technology sector after Brexit, including the removal of restrictions on who can trade shares in London.
Central banks have been concerned over the growing popularity of cryptocurrencies like Bitcoin, given their potential to become systemically important payment systems and replace standard currencies like the pound. ....

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