Cryptocurrency Analysis and News Portal
“I think if you look across the range of experiments that we have done in the Innovation Hub, increasingly in the CBDC space, whether it's wholesale or retail, we are experimenting and exploring different dimensions, [such as] cross border, offline, security,” Hopwood Road said. Source
Read More
Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.On June 13 the Treasury Department’s Assistant Secretary for Financial Institutions Graham Steele spoke at a payments-focused conference in Texas about the Federal Reserve’s controversial FedNow system
Read More
The Bank of Thailand will launch a retail central bank digital currency (CBDC) pilot project in a regulatory sandbox this month. Three payment providers will take part, according to local media. The project will involve up to 10,000 users and run through August.Bank of Ayudhya (Krungsri), Siam Commercial Bank and
Read More
JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24
Read More
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said. Source
Read More
The race to snatch up Hong Kong retail crypto traders is about to kick off, with several cryptocurrency companies announcing plans to apply for a license come June 1.On May 29, the Hong Kong-based crypto exchange CoinEx became the latest to signal its entry to the city, saying it’s launching a
Read More
Conflux is a speedy and cheap blockchain that claims to be the only regulatory-compliant public blockchain in China. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China and Oreos. Original Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to
Read More
Hong Kong will open crypto trading activities to retail investors starting June 1, 2023. Hong Kong’s Securities and Futures Commission (SFC) has released the results of its consultation paper on regulating crypto assets in the country. In an announcement on May 23, 2023, the financial watchdog said it received 152
Read More
Walmart “leveraged expenses and expanded operating margin” in Q1 2023 and now expects a 3.5% increase in consolidated net sales for the year. Walmart Inc (NYSE: WMT) has raised its 2023 full-year guidance following its stellar Q1 earnings report. On Thursday, the multinational retail corporation reported better-than-expected revenue, which was boosted by grocery and
Read More