China’s new cryptocurrency will give banks and government more control | The World

China is hoping a new state-backed digital currency will be ready to use for locals and visitors alike at next year’s winter Olympics in Beijing. The ‘digital yuan’ has been in circulation in pilot projects across china for almost a year. It is the first state-backed cryptocurrency in the world [...]

10 Weird Coin Banks Ever Made

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'Emergency' Fed rate cut by June, only 6 U.S. banks will be left by 2025 paving way for CBDC – Dowd

Edward Dowd, Founder of Phinance Technologies and former BlackRock fund manager, and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve’s latest rate hikes, and why Dowd thinks Fed Chair Powell will be “forced” to cut rates by June of 2023, leading to a “controlled implosion” [...]

Major Banks Collapsing? EPIC Crypto Crash Potential w/ Gareth Soloway

Talks of trouble brewing at Swiss investment bank Credit Suisse CS gained ground over the weekend, with Twitterati beginning to raise the specter of a Lehman-like collapse. Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels [...]