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Mexico May Be Forced to Issue Digital Peso, Claims Economist


The Central Bank of Mexico (known locally as Bexico) could be driven to issue a central bank digital currency (CBDC) – whether it likes it or not, said a financial expert. The comments came from Mexico-based Sergio Kurczyn, a senior economist at Citigroup subsidiary CitiBanamex. Speaking...

State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs


The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US


JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....

China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program


The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...

Insured Finance and GAINS to Power Digital Insurance Space


Insured Finance, an upcoming insurance marketplace based on blockchain-based technology, has now announced a partnership with GAINS Associates. This will help the GAINS users get insightful information about Insured Finance. GAINS has carved a distinct place for itself in informing users about...

Bitcoin Auction, Norwegian Digital Bank, Bakkt Merger + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news The Finnish treasury is in for a whopping boost as the nation’s customs agency prepares to auction off BTC 1,981 (USD 81m). The vast...

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