China Tracks Victims of Coronavirus with WeChat and Alipay
Chinese province tracks victims of coronavirus with WeChat and Alipay, does crypto solve this? Go to Source Powered by WPeMatico
CBDC
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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put … Read more
Not All Central Banks Have an Interest in CBDCs
A central bank survey reveals cryptocurrency is set to gain 1.6 billion users within 3 years Go to Source Powered by WPeMatico
Cryptocurrency News From Japan: Feb. 9 – Feb. 15 in Review
This past week’s news from Japan included details on Bitpoint’s massive 2019 deficit, a Japanese politician’s Libra fears and more Go to Source Powered by WPeMatico
Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years
Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it Go to Source Powered by WPeMatico
Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says
After launching the Bahaman digital dollar pilot in December, the Bahamas’ central bank will roll out the initiative across all islands in H2 2020 Go to Source Powered by WPeMatico
Conservative U.S. Think Tank Denies Need for Federal Digital Currency
The government should ensure consumers can use the preferred currency instead of launching a digital currency, according to U.S. think tank the Heritage Foundation Go to Source Powered by WPeMatico
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U.S. Admitting that Facebook’s Libra project was a wake-up … Read more
Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said Go to Source Powered by WPeMatico
Japanese Official Calls for Urgent Development of Digital Yen to Counter China
A senior Japanese lawmaker said that the country should release its digital yen in two to three years Go to Source Powered by WPeMatico
