Tiff Macklem, the Governor of the Bank of Canada, cautioned that artificial intelligence could temporarily push inflation higher and undermine financial stability. He pointed out that companies using AI tend to adjust prices more frequently than others.
Investor and staunch Bitcoin advocate Michael Saylor is not considering selling any of MicroStrategy's Bitcoin holdings in the near future. He points out that the advent of Bitcoin ETFs has paved the way for institutional investors, leading to a consistent increase in capital flow into the digital economy each day.
Yulia Parkhomenko, the Head of the Digital Economy Department at the Ministry of Digital Transformation of Ukraine, highlighted the crucial importance of cryptocurrency regulation at the XI International Business Forum SCIENCE-BUSINESS-EDUCATION: Strategic Partnership.
“The National Bank of Georgia is taking a global lead in exploring how it can use blockchain technology to take its economy into the digital era.”
Fed Chair Jerome Powell recently spoke at the Economic Club of Washington, highlighting the influx of positive inflation data and the unlikely prospect of the economy experiencing a "hard landing."
The Democratic Party of South Korea, currently in the opposition, has pledged to grant citizens the right to invest in spot Bitcoin ETFs through individual savings accounts, Seoul Economy Daily reports.
Yulia Parkhomenko, the Head of the Digital Economy Department at the Ministry of Digital Transformation, underscores the transformative potential of blockchain technology in digitizing government services.
