China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users. Go to Source Powered by WPeMatico
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Monetary Historian: Libra Will Never See The Light Of Day
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. Go to Source Powered by WPeMatico
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership.” Whether people want to believe it … Read more
Future Bleak for Private Stablecoins, SFB Economist Says
SFB Technologies’ chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins. Go to Source Powered by WPeMatico
CBDC is the Most Important Trend in Payments Says Visa Crypto Chief
Visa’s head of crypto says CBDC is the most important payments trend in the next decade. Go to Source Powered by WPeMatico
Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain. Go to Source Powered by WPeMatico
Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto. Go to Source Powered by WPeMatico
Canada’s Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians. Go to Source Powered by WPeMatico
Bitcoin as a tool to fight authoritarian regimes: Vladimir Putin critic explains
Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes. Go to Source Powered by WPeMatico
What Recent Developments in the Fintech Space Mean for Our Future
There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on. Go to Source Powered by WPeMatico