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Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance


Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency. In its first white paper,...

Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom


A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay...

Can a USD Digital Token Help Save the Primacy of Standard Currency?


What in your opinion is Bitcoin and cryptocurrencies? Many, in common parlance, will answer that Bitcoin and cryptocurrency is digital and virtual money. While, on the other hand, Treasury Secretary Steven Munchin with others at the US Senate this week pointed at the future of the US Dollar....

Role of Digital Currencies In Core Payment Systems Post COVID-19 Crisis


While celebrating the start of a new decade, who would have thought that the world population is heading towards one of the biggest healthcare calamities of all time. The year 2020 has successfully placed itself in the list of one of the most unfortunate years in history due to the outbreak...

Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum


Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with...

No Timetable Yet for Digital Yuan Launch, Google Finds Theta + More News


Source: Google, Instagram Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiats news A timeframe has yet to be set for the launch of the digital yuan, says the People’s...

Financial Giants Fujitsu & Nomura to Launch Digital Asset Trading on Blockchain


Source: Adobe/Игорь Головнёв Japanese tech giant Fujitsu has signed a deal with major securities company Nomura that will see the duo co-launch an interoperable blockchain platform for trading “digital assets” such as securities. Per a report from Nikkei, Fujitsu is working on the project with...

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