IMF, BIS and World Bank champion central bank digital currencies at G20
The IMF, World Bank, and Bank of International Settlements (BIS) have proposed the G20 in a joint report. They stated that a cross-border.
Crypto News
Crypto News
Is Digital yuan a surveillance tool for the government?
According to Yao Qian, the People’s Bank of China director, China’s digital Yuan utilizing smart contracts. Moreover, it will be built to counter.
Crypto News
According to Federal Reserve, Governor United States must win the CBDC race.
The federal reserve governor has argued that the United States must be at the forefront of developing the central bank-issued digital currency. It.
Crypto News
CBDC could pose a threat to the financial system
The state-backed digital currencies can disrupt the financial systems. Though CBDCs can help Central banks to address the decline in cash payments, some.
Crypto News
The third-richest Arab country joins hands with JPMorgan Chase.
The central bank of Bahrain and JP Morgan are going to work on a digital currency settlement pilot. Bahrain’s Central Bank expects digital.
Crypto News
China’s ongoing development of the digital yuan
Hong Kong is about to expand Pilots for cross-border use of the digital yuan. According to the Hong Kong Monetary Authority, the first.
Crypto News
Alipay is testing Digital Yuan
Alipay is all set to allow its users to test China’s digital Yuan. This China’s e-payment giant allows some of its users to.
Crypto News
Bakkt to team with Cantaloupe
Bakkt and Cantaloupe announced their partnership to accept cryptocurrency. They plan to bring a new cashless experience for consumers to spend their digital.
Bitcoin News
Meitu Acquires $10 Million Worth of Bitcoin
Chinese tech company Meitu declared that the company purchased 175 Bitcoin for over $10 million as part of its cryptocurrency investment plan.
Crypto News
India plans to make Cryptocurrency Illegal
Amidst increasing Bitcoin prices, India plans to ban cryptocurrencies and penalize anyone who trades or holds digital assets.