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Digital Dollars Give the State Too Much Control Over Money
2.5.2020
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
Money Reimagined: COVID-19’s Lessons in Innovation
1.5.2020
Though its impacts are deadly, the coronavirus is a product of an advanced innovation ecosystem. We can learn from its ability to mutate and adapt
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
Digital Currency Group
29.4.2020
Founded by Barry Silbert in 2015, Digital Currency Group (DCG) is a venture capital firm that invests solely in the digital currency industry. Digital Currency Group has three subsidiaries: CoinDesk, which was purchased in January 2016, digital currency brokerage firm Genesis Trading and digital...
British Payment Firm Checkout.com Joins the Libra Association
28.4.2020
The Libra Association reinforces its efforts to launch the network in Q4 2020, adds British payment startup Checkout.com as its 24th member
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
LG’s IT Subsidiary Uses Facial Recognition Tech for Payments With Digital Currency
23.4.2020
LG CNS has implemented a facial recognition tech to enable its employees automatic payments with a digital currency
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
23.4.2020
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency
Anyone Can Host a Crypto Exchange – Tim Draper Backed Startup Launches New WordPress Plugin
22.4.2020
There’s a new plugin available that gives people the ability to launch a cryptocurrency exchange on any WordPress-based website. The project called Wpcryptoexchange is a product created by the Tim Draper-backed startup Draper Goren Holm. With the plugin, anyone can launch a digital currency...
Survey: Consumers Trust CBDCs Over Privately-Issued Crypto Assets
20.4.2020
Half of the respondents would trust a digital currency issued by a central bank, while just 26% expressed trust decentralized crypto assets
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
18.4.2020
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto...
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
17.4.2020
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom.
And it seems that even though some leading companies have been going to great pains to distance...
Libra vs. DCEP? The Battle for the Future of Money Heats Up
16.4.2020
NLW breaks down libra’s new fiat-pegged model, DCEP’s trial app and China’s Blockchain Service Network
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
15.4.2020
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
14.4.2020
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...