Bookmarking Crypto Insights
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The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News … Read more
“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak. Go to Source Powered by WPeMatico
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in the city of Suzhou which also allows digital yuan payments for subway fares. Digital Yuan … Read more
Beijing’s rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank of China. Go to Source Powered by WPeMatico
Spain’s oldest active political party is reportedly looking to create a public digital currency. Go to Source Powered by WPeMatico
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian approach to crypto regulation. US Regulation Would ‘Ultimately Be Very Positive’ for Mass … Read more
Though Randal Quarles said there was a “legitimate and strong regulatory interest in how stablecoins are constructed and managed,” a U.S. dollar-pegged coin could help provide support for its fiat counterpart. Go to Source Powered by WPeMatico
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies. Go to Source Powered by WPeMatico
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. Go to Source Powered by WPeMatico
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. Go to Source Powered by WPeMatico
