Cryptocurrency Analysis and News Portal
Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee on Libra. Zuckerberg and members of Congress had much to disagree on. One consensus that did emerge, however, was concern
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Cypherium CEO is a massive advocate for ensuring CBDCs are interoperable and he has developed a framework to ensure CBDCs achieve their full adoption and global innovation.Central bankers around the world are more and more coming around to CBDCs, digital form of fiat money, mainly inspired by Bitcoin. Tech nowadays
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Masayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.The Bank of Japan (BoJ) announced that it has constituted a new research team for a CBDC project. The bank also said that the
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The Bank of Japan announced on July 20 that it had formed a new team to accelerate research into the feasibility of central bank digital currencies (CBDC).The team takes over from a previous group formed earlier this year, and will also continue research work undertaken with other central banks. BoJ
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Despite the global economic crisis and the consequences of the coronavirus pandemic, the development of the Chinese national cryptocurrency, the Digital Currency Electronic Payment, is steadily progressing. The increase in the number of large companies joining the digital yuan initiative as partners in testing and implementing the technology is clear
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The Japanese government is expected to include consideration of a central bank digital currency (CBDC) in its official economic plan. The news comes 10 days after the Bank of Japan’s announcement that it will start experimenting with the digital yen to check its feasibility from a technical perspective.According to Nikkei,
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Xiao Gang, the former chair of the China Securities Regulatory Commission, says in his latest book on China capital market reforms that the development of a central bank digital currency (CBDC) will pave the way for digital stocks.Stocks and currencies are separate entities in traditional finance, however blockchain-based digital currencies
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Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project, according to local news. Companies Meituan and Bilibilibili have apparently both begun to cooperate with a number of
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With national banks around the world driving at the speed of light to develop Central Bank Digital Currencies (CBDC), and Facebook cryptocurrency
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In 2008, a momentous occasion took place with the release of the Bitcoin (BTC) white paper. With author Satoshi Nakamoto explicitly calling for the deconstruction of financial intermediaries, regulators around the world were put on alert, particularly as Wall Street faced one of its biggest crises since the 1930s. While
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