In the era of rapid digitalization, financial landscapes around the world are evolving at a pace never seen before. One of the most intriguing developments in recent times is China’s exploration of its digital currency, the Digital Yuan, commonly known…
China’s Digital Is Now the World’s Most Adopted CBDC
According to a statement from the People’s Bank of China (PBoC), since the pilot program’s start in 2020, transaction volumes for the central bank digital currency (CBDC) have surpassed $14 billion. Through its official WeChat channel, the central bank made…
Former PBoC Head: China has no Plans to Replace the US Dollar
A former People’s Bank of China governor has said that the country has no intention to replace the US dollar with the digital Yuan it’s working on. The former PBoC governor and current head of the Chinese Finance Association, said…
Ripple Cofounder: Ripple could leave the US
Ripple co-founder Chris Larsen is not too impressed with the United States after failing time and time again to create a satisfactory token environment. Falling behind financial system control race During the LA Blockchain Summit conference in October 6, Chris…
G20 Nations begin Laying the Groundwork for Crypto Payment
Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia. According to Kyodo news, 19 countries from the G20 unit as well as the European Union have accepted that the digital currency wave…
Former NASDAQ Vice-chair: U.S Digital Dollar is Coming!
The father of the Jobs act” David Weild IV, believes that the issuance of the digital dollar is imminent and the U.S government should stop delaying it. Weild served in the Obama era as the vice-chairman of the NASDAQ and…
Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
