According to a report by Jin Ten, Swiss National Bank Governor Schlegel said that he does not see the need to launch a retail central bank digital currency.
Mr. Waller, the Fed governor, said he still saw no need for a US digital currency and that it was too early to assess the impact of new technologies on frictions in the payment system, but that the private sector was well placed to explore these developments. The Fed's role, which includes supporting innovation while managing risks to financial stability, aims to promote the efficiency and security of payment systems that benefit households, businesses and the economy as a whole.
BlackRock is preparing to launch a more than $30 billion artificial intelligence investment fund with tech giant Microsoft to build data centres and energy projects to meet growing demand for artificial intelligence, according to people familiar with the matter. BlackRock will launch the fund with its new infrastructure investment arm, Global Infrastructure Partners, which will become...
Musk has said that the Starlink mini will be launched later this year.