Tyler Winklevoss says US Fed is the ‘biggest booster’ of Bitcoin price
The upcoming Fed speech, which many suggest will focus on raising inflation, is only good news for BTC/USD, Winklevoss argues. Go to Source Powered by WPeMatico
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Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt decision, which sent shockwaves across Zambian financial markets, saw the country’s currency, the Kwacha … Read more
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 digital yuan trials reportedly limited to small retail transactions
China’s central bank released a new statement to debunk some rumors. 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
XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
XRP contributes to the development of CBDCs and stablecoins, says key exec. Go to Source Powered by WPeMatico
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
The Bank of England is keeping central bank digital currency research high on its 2020 agenda. Go to Source Powered by WPeMatico
China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing of Central Bank-Backed Digital Currency in Major Cities China’s Ministry of … Read more