By Andrea Bianconi The uncertainties surrounding the evolution of the COVID-19 pandemic and its impact on the global economy are gripping both the people and the markets with fear. A global recession is now the best-case outcome also for JP Morgan while Goldman Sachs foresees the possibility of a second great depression. There are currently few data available. It´s […]
By Frederik Bussler Cryptocurrencies recently experienced a sell-off of epic proportions, with Bitcoin momentarily hitting an incredibly low point of $3,637, down 82% (yes, eighty-two) from its all-time high of $19,891. Whether it’s due to the coronavirus, oil shocks, re-ignited US-Iranian tensions, PlusToken, or just general panic is uncertain. After all, if there was certainty, […]
By Manuel Klein, Jonas Gross, Philipp Sandner Central bank digital currencies (CBDCs) are coming. A recent study by the Bank for International Settlements (BIS) shows that 10% of worldwide central banks intend to issue a retail CBDC in the short term and 20% in the medium term. However, introducing a CBDC imposes potential threats to […]