The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post Zero-Covid Policy Inflation in China Eases Further China’s […]
The singleness of money is the assurance that public and private money trade at the same rates. Even small differences between public and private money rates can have a ripple effect across transactions. A Bank of International Settlements (BIS) working paper compared models of private tokenized money in terms of their singleness as a complement […]
Last week, a prank call with the European Central Bank’s Christine Lagarde revealed that the upcoming CBDC will have controls on how it is spent. This departs from what the UK has said about its own digital pound. Recent words from the European Central Bank (ECB) suggest the digital euro might not be as unrestrained […]
Rook’s well-funded offshoot Incubator DAO is holding a vote on its financial future where the organization could liquidate its entire $25 million treasury for payouts directly to ROOK token holders. The vote, which runs through Thursday, considers a proposal to “rage quit” Incubator DAO by divvying up its $25 million treasury among holders of the […]
When you’ve been around crypto for a while, you learn to be skeptical. Technology is neutral (despite the posturing of politicians), but people are not. No matter how many tens of thousands of developers are out there building next-generation infrastructure layers and applications with positive intentions, some small minority will always find a way to […]