Bitcoin’s 2020 explosion is not the 2017 bubble again
Early adopters who saw the potential in Bitcoin in the last decade have been waiting for this year their entire crypto investing lives. Go to Source Powered by WPeMatico
CBDC
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China has no plan to replace USD with digital yuan, former PBoC head says
A former PBoC official says that his country has taken a cautious approach with the digital yuan. Go to Source Powered by WPeMatico
Chinese residents make 20K transactions in digital yuan trial event
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. Go to Source Powered by WPeMatico
Sweden is studying a potential transition to the e-krona CBDC
Sweden is examining risks and consequences of moving its economy to its e-krona digital currency. Go to Source Powered by WPeMatico
Vitalik Buterin expects lots of ways to exchange CBDCs for crypto
Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. Go to Source Powered by WPeMatico
Hundreds of millions of consumers will use digital currencies soon: Circle CEO
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Go to Source Powered by WPeMatico
JPMorgan exec: Softer stance on Bitcoin but we’ve always been pro-blockchain
Banking executive says JPMorgan has been active in blockchain for a while. Go to Source Powered by WPeMatico
Future of money will be public-private effort, says ex-CFTC chairman
Will CBDCs disrupt stablecoins, or will they help each other? Go to Source Powered by WPeMatico
Biden team will boost crypto’s role in US infrastructure, says Circle CEO Allaire
Allaire also sees political moderation as the best scenario for continued crypto development. Go to Source Powered by WPeMatico
Digital ruble will undercut bank profits but help businesses: Bank of Russia
Russia’s central bank wants the digital ruble to help businesses by cutting out financial middlemen. Go to Source Powered by WPeMatico
