Tuesday, November 19, 2024
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Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments

Hong Kong Monetary Authority (HKMA), the city’s central banking institution, said it is working with the People’s Bank of China (PBOC) to test digital yuan use cases. PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY for making cross-border payments while making the corresponding

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Pomp talks Shark Tank’s Kevin O’Leary into buying ‘a little more’ Bitcoin

Canadian businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, has seemingly softened his stance on Bitcoin after speaking with Anthony ‘Pomp’ Pompliano. In an episode of the Pomp Podcast released today, Shark Tank's Kevin O'Leary appeared to be moving past his statements last year when he declared

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Dow Falls as Intel Stock Crashes, Stimulus Talks Grind to a Halt

The Dow Jones dropped 80 points Friday.Stimulus talks are deadlocked as surging U.S. coronavirus cases threaten the recovery.Intel stock’s losses were a major drag on the Dow.The Dow Jones slipped on Friday, as Intel’s crash weighed on the index. Deadlocked stimulus negotiations and surging coronavirus cases were additional concerns for

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