OKEx’s lips remain sealed on its sudden crypto withdrawal freeze
OKEx’s secrecy around locking customer withdrawals has led to misinformation and confusion around what’s happening with the exchange. Go to Source Powered by WPeMatico
China
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Pomp says US digital dollar needs to happen now
The U.S. doesn’t mind coming a bit late to the CBDC party, but is that the wrong approach? Go to Source Powered by WPeMatico
Filecoin creator denies strike allegations
“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter. Go to Source Powered by WPeMatico
Better to get it right than to be first with CBDC, says US Fed chair
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued. Go to Source Powered by WPeMatico
95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot. Go to Source Powered by WPeMatico
Bitcoin mining’s future is green, and Russia has the best chance
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining. Go to Source Powered by WPeMatico
Top Chinese chemical firm uses blockchain to cut trade financing costs
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. Go to Source Powered by WPeMatico
‘No single digital currency will dominate the world’ Bank of Japan now says
Japan’s policymakers appear disconcerted by the advancement in China’s CBDC iniative. Go to Source Powered by WPeMatico
Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. Go to Source Powered by WPeMatico
Japan must amend central bank laws to issue digital yen, says official
Japan is getting more serious about the digital yen. Go to Source Powered by WPeMatico