Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report

Saudi Arabia’s central bank is experimenting with emerging technologies like blockchain for the finance sector, but doesn’t intend to phase out cash in favor of digital payments, according to an interview with local newspaper Al Eqtisadiah. Central bank digital currencies (CBDCs) are one of the most important financial technologies under development, but the kingdom does … Read moreSaudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report

Impending Futures-Based Bitcoin ETFs May Boost Cash and Carry Yields

Several bitcoin futures-based exchange-traded funds (ETF) may debut in the U.S. in the coming weeks. These products may revive interest in the famed “cash and carry” arbitrage strategy, which in turn would bring more buying pressure to the spot market. The ETFs would buy bitcoin futures contracts, primarily front-month trading on a regulated venue like … Read moreImpending Futures-Based Bitcoin ETFs May Boost Cash and Carry Yields

ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

ETC Group, an ETF issuer company, released a report last month about the evolution of Bitcoin Cash in the years after the hard fork that created it. While the company acknowledged the asset price is lagging compared to its older sibling, it praised the crypto on other aspects like development and actual usage. Bitcoin Cash … Read moreETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development