US intelligence is looking at Chinese CBDC as a national security threat
The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. Go to Source Powered by WPeMatico
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US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin. Go to Source Powered by WPeMatico
Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event
Tied in with a national shopping event, the trial will add “offline” and “touch” functionality. Go to Source Powered by WPeMatico
Chinese banking giant withdraws $3B blockchain bond from listing
The $3 billion blockchain bond has been effectively cancelled. Go to Source Powered by WPeMatico
Blockchain is good for hodling, but not for voting: Bad Crypto news of the week
Analysts make a slew of wild predictions as Bitcoin continues its moon mission in this week’s Bad Crypto podcast Go to Source Powered by WPeMatico
The US election seals China’s victory in digital currency supremacy
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race. Go to Source Powered by WPeMatico
IMF lawyers argue that central banks need reform before they can issue CBDCs
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies. Go to Source Powered by WPeMatico
MyEtherWallet founder weighs in on the most crypto-friendly country
Crypto-friendly regulation may be in the eye of the beholder. Go to Source Powered by WPeMatico
$3 billion blockchain bond sale delayed ‘until further notice’
It is not currently clear when or if China Construction bank’s debt issuance sale will be rescheduled. Go to Source Powered by WPeMatico
Central bank digital currencies are dead in the water
CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money. Go to Source Powered by WPeMatico