Daily Archives: 29/12/2021

Anthony Pompliano: Bitcoin volatility cannot be measured in dollars

Cryptocurrency enthusiast Anthony Pompliano believes that it is a mistake to use the US dollar to assess the volatility of Bitcoin, since it is also “overly volatile.” Anthony Pompliano said this in an interview during the Squawk Box program on CNBC. Program host Joe Kernen asked Pompliano if bitcoin’s volatility could prevent it from becoming a reliable vehicle for payments and settlements. Pompliano responded that many people have a misconception about the volatility of the…

RBI: “digital currencies of central banks can become an alternative to fiat currencies”

The Reserve Bank of India published a report on the country’s banking industry trends, in which it raised the issue of launching its own digital currency. Depending on the use cases, central bank digital currencies can become a complex financial instrument, as stated in a document submitted by the Reserve Bank of India (RBI). Government stablecoins can be used to efficiently conduct international payments, so in the future they can become a safe, reliable and…