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Binance Research Presented a Report on CDBC Proposed Digital Ledger


The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...

Crypto Can Boost Indian Economy – How Banning Will Hurt it


The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...

Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached


One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...

Brazilian Central Bank Changes its Cryptocurrency Classifications


The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies. In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the BCB said...

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