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Former PBoC Vice-Chair Says the Backend Infrastructure for China’s Digital Yuan is Complete

China's much anticipated Digital Yuan backend development is complete, according to Wang Zhongmin, the former Vice-Chair of the PBoC National Council for Social Security Fund. Wang made this announcement during the virtual 2020 FinTech Forum that was held by Beijing's Fintech 50 Forum in collaboration with Tencent FinTech Research Institute. The initiative, which began around […] дальше »

2020-6-23 21:47


Quant crypto fund: Bitcoin is just as “susceptible to market panic” as other assets

Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms. дальше »

2020-3-5 00:00


Crypto’s “Frontier Market” Needs Clearer Laws, Says U.S. Fund

The cryptocurrency ecosystem currently faces three critical issues: a lack of liquidity, thriving criminal activity, and the spread of misinformation. These barriers prevent crypto’s jump from a frontier market to...The post Crypto’s “Frontier Market” Needs Clearer Laws, Says U.S. Fund appeared first on Cryptocurrency News. дальше »

2020-2-5 14:34


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Bitcoin Price to Hit $15K Says CEO of $150B Investment Fund

CEO of DoubleLine Capital, Jeffrey Gundlach, recently spoke about his predictions for 2020 and beyond, saying that the USD is likely to weaken and Bitcoin could reach $15,000.   USD likely to weaken in 2020 Jeffrey Gundlach, the so-called bond guru and the CEO and chief investment officer for a $150b investment fund, DoubleLine Capital, recently gave his predictions for the short-term future of the US economy. дальше »

2020-1-16 20:00