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CBDCs in the Americas: Implications, Opportunities and Adoption

The most enduring headline from the Beijing Winter Olympics may have nothing to do with medal counts or inspiring pursuits of athletic excellence. Instead, it could be a milestone from the latest real-world pilot of China’s digital currency, which was used to make more than 2 million yuan ($315,761 USD) in payments per day at … Continued The post CBDCs in the Americas: Implications, Opportunities and Adoption appeared first on Ripple. дальше »

2022-3-10 00:03


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China rolls out digital yuan wallet to foster further e-CNY adoption

China is actively pursuing its plans to launch a central bank digital currency (CBDC), with the latest development being the launch of a digital yuan wallet. A report unveiled this news on January 4, noting that the People’s Bank of China (PBoC) rolled out the beta version of the wallet to expand the usage of […] The post China rolls out digital yuan wallet to foster further e-CNY adoption appeared first on Invezz. дальше »

2022-1-6 21:50


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$500 Billion Wiped Off Crypto Market In A Week As Industry Digests China’s Latest Move

The entire crypto market went bleeding on Thursday after $60 billion was swept off in a flash crash that saw Bitcoin tumbling below $60,000 and Ethereum’s short-lived bull run nipped. The entire crypto market capitalization, which has been so far impressive having rallied to a record $3 trillion last week, has now shed over $500 […] дальше »

2021-11-18 20:18


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No Hope For Crypto In China As Giant Cryptocurrency Players Exit Region

China’s largest crypto exchange Huobi reveals there’s no hope as it called quits long before the ban It appears that business had become unbearable to continue for China’s leading cryptocurrency exchange as it has been revealed that they had already made a decision to quit the country even before the latest leg of intensified crypto-industry […] дальше »

2021-10-12 18:05


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Why China’s Renewed Harsh Crackdown On Crypto Isn’t Stifling Bitcoin — At Least Not Yet

China is now pressing about banning crypto mining, trading, and exchanging after being hypocritical about it for quite some time as it was still being utilized despite previous limitations. And following the latest ban on crypto which now prevents exchanges from providing services to users in China, exchanges like Huobi and Binance are responding by […] дальше »

2021-9-29 02:13


Assessing China's latest efforts to 'promptly clean up and rectify' crypto-entities

China’s war on crypto seems to be far from over after the People’s Bank of China decided to embark on a campaign to "promptly clean up and rectify" forex and cryptocurrency trading companies for iThe post Assessing China's latest efforts to 'promptly clean up and rectify' crypto-entities appeared first on AMBCrypto. дальше »

2021-8-17 19:00


Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors

Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate. дальше »

2021-7-6 19:00