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Tether’s new yuan-based stablecoin is the newest addition in circumventing regulations

Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. дальше »

2019-9-10 22:15


U.S dollar, Yuan, Euros need cryptos for easy translation of value, claims Ripple’s Chris Larsen

When the concept of virtual assets surfaced a decade back, the potential of ‘Internet of Value’ seemed ready to being unleashed. Originating back in 1982, Internet of Value translates to an online medium where users can transfer any form of value [monetary or social] across the network, while discarding the need for middlemen and basically […] The post U. дальше »

2019-9-6 15:30