PBOC v Gov, a Power Struggle OR Have Central Banks Usurped?

PBOC v Gov, a Power Struggle OR Have Central Banks Usurped?
ôîòî ïîêàçàíî ñ : trustnodes.com

2019-11-22 19:35

China’s central bank is making a lot of noise about cracking down on bitcoin just weeks after the president of China hailed the blockchain. This apparent difference between lawmakers and. .

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The post PBOC v Gov, a Power Struggle OR Have Central Banks Usurped? appeared first on Trustnodes.

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China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday.  Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]

2019-11-22 09:00


Crypto Trading Enthusiasm Returns in China, Prompting More Scrutiny from Country’s Regulators

The Central Bank in China seems set for another round of crypto crackdowns after President Xi’s latest remarks revived speculation on blockchain technology. Financial regulators in each Shanghai District are required to search and conduct an inspection of all suspected crypto companies and exchanges by 22nd November. A notice issued by the Shanghai Internet Finance […]

2019-11-16 20:16


China’s Central Bank (PBoC) Forced by Fake Website to Deny Launch of Its Digital Crypto (DECP)

The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […]

2019-11-15 22:47


Ôîòî:

Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman

The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.

2019-11-14 11:44


Despite ‘Fraudulent’ Launch Reports, China’s Central Bank Is Still Researching CBDC’s

Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]

2019-11-14 23:14


China’s Central Bank Digital Currency (CBDC) Will Launch In Next 60-90 Days Per HCM Capital Exec

Jack Lee, the founding partner of HCM Capital, has recently affirmed that the central bank digital currency (CBDC) of China is being created and is expected to be launched in the next few months. According to a recent interview with CNBC, Lee said that the central bank of China will use the new digital currency […]

2019-11-12 03:00


American Banker: Does the US Need an Ally Like Libra to Take on China’s Digital Currency Growth

Facebook's universal digital currency project Libra might be at the receiving end of regulators and governments around the globe, but looking at China's accurate adoption of blockchain technology and the slated launch of its central bank-issued digital currency (CBDC) by the end of this year, the US might need an ally like Libra to help […]

2019-11-11 22:17


Joseph Lubin: Ideally China’s Digital Currency Ought to Allow Interoperability with Open Blockchains

China’s Central Bank Digital Currency has crypto stakeholders within the FinTech space speculating on its opportunities. Joseph Lubin, the founder of Consensys and a co-founder in Ethereum, said that he wishes China will allow interoperability with public blockchains like Ethereum during an Interview with Forbes.

2019-11-11 20:50


Ôîòî:

China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder

China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization.

2019-11-6 10:00


China’s “Over-Obsessive Control” is the Main Motivation for Its DCEP Digital Currency Initiative

After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […]

2019-11-2 22:24


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Polymarket CEO says platform is strictly ‘non-partisan’ in response to NYT article

Polymarket CEO Shayne Coplan responded to a recent New York Times article that scrutinized the platform, clarifying key points about its non-partisan stance and transparency. The article described Polymarket as a “crypto website where election odds swing in… favor” of former President Donald Trump, which Coplan felt mischaracterized the company’s purpose and operations.

Ripple CEO optimistic about crypto post-election, regardless of outcome

Ripple Labs CEO Brad Garlinghouse believes the US will become more crypto-friendly regardless of which political party wins the upcoming election, CNBC reported on Oct. 24. Garlinghouse said during DC Fintech Week: “This is the most important election we’ve had, but I also believe no matter what happens, we’re going to have a more pro-crypto, […] The post Ripple CEO optimistic about crypto post-election, regardless of outcome appeared first on CryptoSlate.

What happens to Polymarket bets if result of US Election is contested?

The decentralized prediction market platform Polymarket has clear outlines for resolving bets on the 2024 US Presidential Election in the event of contested results. The platform’s market, focusing on whether Donald Trump or Kamala Harris will win the presidency, will be resolved based on calls from three major news organizations: the Associated Press, Fox News, […] The post What happens to Polymarket bets if result of US Election is contested? appeared first on CryptoSlate.