China’s National Crypto Similar to Libra, Central Bank Official Says
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty Go to Source Powered by WPeMatico
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The central bank believes the digital currency will help protect China’s foreign exchange sovereignty Go to Source Powered by WPeMatico
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde Go to Source Powered by WPeMatico
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank to continue operations. Also read: Crypto Can Boost Indian … Read more
Firms that offer crypto-related services in the Netherlands must register with the central bank, which plans to regulate them as of January 2020 Go to Source Powered by WPeMatico
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch Go to Source Powered by WPeMatico
Government-backed digital currencies or decentralized cryptocurrencies? Industry experts weigh in. Go to Source Powered by WPeMatico
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments Go to Source Powered by WPeMatico
The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs Go to Source Powered by WPeMatico
The upcoming China CBDC will be available to users without bank accounts, says Binance Research Go to Source Powered by WPeMatico