Fed's Lael Brainard invites Congress to choose whether to compete with China's digital yuan

2022-1-14 22:30

“We want to make sure that we do the requisite research on policy and technology so we're in a position to move forward if Congress decides it's important to be able to compete with China in this regard," said Lael Brainard.

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Источник: cointelegraph.com

compete china → Результатов: 26

Here’s How the Digital Yuan Could Revolutionize China’s Financial Markets

According to Moody’s analysts, Digital renminbi may help commercial banks to transform their businesses. e-CNY looks set to compete with mainstream platforms like WeChat Pay and Alipay. Disrupting the Dominance Alipay and WeChat are the two leading payment systems in China with a 90% market share.

2021-8-20 23:00	Digital Yuan
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Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin

Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it. The post Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin appeared first on CryptoSlate.

2021-6-1 19:00	btcusd
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Ray Dalio: Bitcoin Is "Alternative Currency"

Ray Dalio has explained how China's digital yuan may compete with Bitcoin

2021-5-31 08:45
ray bitcoin dalio digital yuan compete china

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Ripple CEO’s Broken Record: Level Playing Field for XRP to Compete with China Controlled Bitcoin

Another interview, another strike from Ripple CEO on Bitcoin. Brad Garlinghouse clarified that he is a bull on Bitcoin and that he owns it, but at the same time, he said, “We need to acknowledge that when Bitcoin is more than 50 percent of the mining in China that China can control those technologies.

2020-11-21 20:14	Ripple (XRP)
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China’s Nervos launches own token standard to compete with Ethereum

Nervos, one of China’s biggest blockchain and crypto projects, announced the launch of its own token standard, the sUDT, today as per a release shared with CryptoSlate. The post China’s Nervos launches own token standard to compete with Ethereum appeared first on CryptoSlate.

2020-11-19 19:00	Press Release
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U.S. Vs. China: who will win the digital currency war?

The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB.

2020-10-10 21:05	Decentralization
digital china embrace privacy-focused crypto needs order

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U.S. Set to Compete with China on Global Blockchain Dominance

China may be seeing more competition in the global blockchain scene with the U. S. government making moves to improve the country’s competitiveness in emerging technologies. US-China Tussle Goes Blockchain The U.

2020-9-10 17:00
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Blockchain Battle With China Ensues With New US Congress Bill Proposal

Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for short, is currently being discussed as a way to accelerate blockchain development in the US. While the rest of the […]

2020-9-9 14:55	УС
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Ripple CEO Brad Garlinghouse Encourages U.S. Regulators to Embrace Crypto Industry

Ripple CEO Brad Garlinghouse urges the U.S. regulators to ?lean into? digital currencies in order to be able to compete with China

2020-5-27 20:49
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China's DCEP will compete against 'US dollar hegemony, not Bitcoin'

Since China's announcement of Central Bank Digital Currency [CBDC], the narrative switched from 'Libra vs rest of the world' to 'China's CBDC vs. Bitcoin'. But according to the CEO of Sino Global CapiThe post China's DCEP will compete against 'US dollar hegemony, not Bitcoin' appeared first on AMBCrypto.

2020-4-21 23:00	Trading View
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Japanese Senior LDP Lawmaker Calls For Digital Yen Development Within 2-3 Years

Another of the senior lawmakers in the Japan’s Liberal Democratic Party (LDP) has called for the urgent development of the digital yen so that Japan can compete with China in this sector. Kozo Yamamoto, more exactly, said on February 10 that Japan should create its own digital currency in 2 or 3 years. As reported […]

2020-2-10 19:23	Blockchain Technology
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Japanese Ruling Party Lawmakers Push For Crypto Yen Launch

Reports are emerging that Japan has been urged to accelerate its central bank digital currency development in order to compete with China. Crypto Yen in 2020? According to Reuters a group of Japanese ruling party lawmakers has urged the government to issue the country’s own crypto currency.

2020-2-7 13:00	Japan
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Japanese Lawmakers Are Open to Issuing A Digital Yen To Compete With Libra, Digital Yuan

A group of Japanese lawmakers from the ruling party came forward with the proposal of Japan issuing its own digital currency. It seems China’s determination to create the digital yuan and Facebook’s Libra has alarmed Tokyo more than a little bit.

2020-1-24 20:57	Blockchain Technology
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Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

U. S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U. S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.

2020-1-24 17:30	World Economic Forum
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Don’t Blame China: Why BTC Still Can’t Compete With Fiat

In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised.

2019-11-26 11:15	Op-ed
btc don china blame still compete fiat

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Libra was created to compete with China's digital gold: Max Keiser

These days, you can't talk about the cryptocurrency industry without mentioning Facebook. Once a social media company with loose privacy policies, now at the center of the $250 billion industry of digThe post Libra was created to compete with China's digital gold: Max Keiser appeared first on AMBCrypto.

2019-11-2 14:00	Bitcoin
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Expert: US Should Cut Crypto Firms Some Slack to Compete With China

The United States must catch up with China when it comes to central bank digital currency, say analysts

2019-11-1 14:02	Regulation
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New Bitcoin Rival to Be Launched by Fed Reserve After Pompliano Says US Dollar Must Be Tokenized

US Fed Reserve might be emitting its own cryptocurrency (CBDC) after Anthony Pompliano voices a suggestion that USD must be digitized to compete with the ‘China Coin’

2019-10-4 13:55
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China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto

China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.

2019-8-16 17:40	CBDC
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China’s Central Bank Focuses on Development of Its Own Virtual Currency

Coinspeaker China’s Central Bank Focuses on Development of Its Own Virtual CurrencyChina’s Central Bank now wants to develop a virtual currency to compete with the recently unveiled Facebook’s Libra aiming to gain the lead in the development of the cryptocurrency and blockchain technologies.

2019-8-5 15:04
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Amazon’s Flailing China Unit Plots Major Merger to Challenge Alibaba

Talks are underway to merge Amazon’s Chinese venture with NetEase-owned Kaola, according to business publication Caijing. Kaola is a Chinese e-commerce firm which specializes in selling imports.

2019-2-20 21:47
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
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China’s Baidu Developing Next-Gen ‘XuperChain’ Network

China’s search giant Baidu announced on Twitter that it’s developing an ultra-fast blockchain network called XuperChain that can handle over 10,000 transactions a second using inter-chain parallel and side-chain technologies.

2018-9-28 14:00
baidu china blockchain network developing xuperchain next-gen

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What It's Like to Be a Woman In China's Get-Rich-Quick Crypto Culture

My experience as a Chinese woman in crypto has taught me that we need to be twice as strong and grounded to compete with our male counterparts.

2018-8-20 06:05
crypto woman need twice male counterparts compete

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
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Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg

Brainard has been leading the U.S Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.

Federal Reserve Governor ‘Highly Skeptical’ of Digital Dollar

While countries in the rest of the world progress on their central bank digital currency (CBDC) programs, the United States continues to drag its feet. The post Federal Reserve Governor ‘Highly Skeptical’ of Digital Dollar appeared first on BeInCrypto.

Federal Reserve Governor: U.S. Fed Examining Potential of U.S. Digital Currency

According to a Bloomberg report published on February 5, 2020, U. S. Federal Reserve Governor, Lael Brainard noted that the country’s central bank is studying the feasibility of a central bank digital currency (CBDC).

Libra Lacks Clarity on ‘Opaque’ Currency Basket, Says Fed Reserve Governor

Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.

U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency

The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U.

2022-1-14 22:30

compete china → Результатов: 26

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