Digital cold war? United States and China vie for blockchain supremacy
As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.” Go to Source Powered by WPeMatico
CBDC
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Digital yuan doesn’t pose a threat to the hegemony of the dollar, says expert
Foreign investors still doubt the PBoC’s policies when it comes to the RMB exchange rate. Go to Source Powered by WPeMatico
Brazil’s central bank examines the benefits of a CBDC
Brazil’s central bank believes you’ve got to change money, to save money. Go to Source Powered by WPeMatico
China plans to use its digital yuan at the 2022 Winter Olympic Games
Details about the official launch date still remain murky. Go to Source Powered by WPeMatico
The US is losing the ‘tech cold war,’ warns Ripple co-founder
China can reverse Bitcoin transactions, a Ripple exec said. Go to Source Powered by WPeMatico
China’s Blockchain Service Network to launch stablecoin support in 2021
China’s national blockchain project BSN could be the best fit for the digital yuan. Go to Source Powered by WPeMatico
Qatar’s National Solarized Fintech Strategy Amid COVID-19 Pandemic
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact. Go to Source Powered by WPeMatico
Central Bank Digital Currencies and Their Role in the Financial System
What are CBDCs and the risks they possess, and how might they reshape our economies? Go to Source Powered by WPeMatico
Why the Rise of the CBDC Is Bad for Your Privacy
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all but ready for primetime. Social Credit … Read more
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly. Go to Source Powered by WPeMatico
