Ant Group, JD.com Urge China’s Central Bank To Approve Yuan Stablecoin Launch To Break US Dollar Dominance

JD.com and Alibaba’s Ant Group are pushing for the People’s Bank of China (PBOC) to approve the launch of a stablecoin pegged to the yuan [...] дальше »

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BTC Is Highly Volatile — The Golden Age of Choosing SAVVY MINING Has Arrived, With Daily Income Exceeding 10,000 Yuan

Recently, former US President Donald Trump publicly expressed his support for the development of WLFI stablecoin (Stablecoin) and proposed to create a more relaxed regulatory environment for the US digital financial market. дальше »

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Russia uses Crypto to Trade Oil with China and India, Develops BRICS Technology with Tether Stablecoin

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Russia using crypto to bypass sanctions in oil trade with China, India: report

Russia is relying on crypto in its oil trade with China and India to navigate Western sanctions. While traditional currencies like the Chinese yuan and Indian rupee remain dominant, digital assets such as Bitcoin (BTC), Ethereum (ETH), and the stablecoin… дальше »

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Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan

The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers. дальше »

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Australian senator drafts bill aimed at stablecoin, digital yuan regulation

Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins and the digital yuan.

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Mexo lists CNHC: An offshore RMB stablecoin

CNHC, a stablecoin pegged to the Offshore Chinese Yuan, has officially been launched on Mexo.  A milestone in international trade history International traders can now access a new channel to cThe post Mexo lists CNHC: An offshore RMB stablecoin appeared first on AMBCrypto. дальше »

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New decentralized stablecoin in China targets international trade

Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.

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How the digital yuan stablecoin impacts crypto in China: Experts answer

Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space. дальше »

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There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law

China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital Yuan in the country. дальше »

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China Drafts Law to Legalize Digital Yuan, Outlawing Competitors

China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. дальше »

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China’s Blockchain Service Network to launch stablecoin support in 2021

China’s national blockchain project BSN could be the best fit for the digital yuan.

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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter

China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners. дальше »

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After Digital Yuan, A Digital Rupee Could Be On The Cards

Following China's footsteps, India despite their restrictions on cryptocurrencies could launch a government issued stablecoin, the Digital Rupee The post After Digital Yuan, A Digital Rupee Could Be On The Cards appeared first on Ethereum World News. дальше »

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Bitcoin Breaks $8,000: Four Factors Behind the Rally

This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green. дальше »

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Chinese Government-Backed Company to Launch Stablecoin by February

Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019. дальше »

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Japan: First Bank of Toyama Piloting a Stablecoin Pegged to the Yuan

A Japanese bank has taken advantage of the ruling that stablecoins are not cryptocurrencies. The First Bank of Toyama has launched a pilot project to test its own stablecoin, the First Bank Coin (FBC), and plans to commercialize the token in October 2019. дальше »

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Top Bitcoin and Cryptocurrency News For Today October 12th [VIDEO]

Nouriel Roubini and Peter Van Valkenburgh To Discuss Cryptos In Congress Today Nouriel Roubini and Peter Van Valkenburgh To Discuss Cryptos In Congress Today OKCoin USA to Release New Chinese Yuan (RMB)-backed Stablecoin OKCoin USA to Release New Chinese Yuan (RMB)-backed Stablecoin Crypto Funds Get Investments from Stanford, Harvard, MIT, North Carolina and More Per […] дальше »

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OKCoin USA Will Issue Chinese Yuan Stablecoin, Says CEO Star Xu

The founder of Chinese cryptocurrency exchange OKCoin confirmed its US sister operation, OKCoin USA, will issue a stablecoin backed by the Chinese yuan (RMB). Xu: Stablecoin Will Be ‘Fully-Compliant’ In a series of tweets, Star Xu, who also founded both platforms’ parent company, OKGroup, delivered a highly bullish forecast on the future of the stablecoin market — which is seeing multiple market entrants this year. дальше »

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