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The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed.
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services.
The Bank for International Settlements (BIS), a coalition of 62 central banks, has weighed in on the trending topic of central bank digital currencies (CBDCs). The global central bank noted a posit
Will decentralized cryptocurrencies like Bitcoin—that are beyond the influence of Sovereign Governments—be allowed to survive? Not according to American investor and financial commentator Jim Roger
In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.
As Libra and COVID-19 give a push to CBDCs, some projects are looking to dethrone the main international currency.
Pandemic may have strengthened case for central bank digital currency, report says
Ripple co-founder Chris Larsen discussed U.S. regulators’ ignorance towards regulating the blockchain and crypto space and how it is helping China.
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19.
Tether (USDT) is the world’s largest stablecoin with a market capitalization of more than $9 billion USD today, displaying its strength in staying ahead of the curve in a competitive cryptocurrency market. The leading stablecoin recently hit another milestone on decentralized lending platform Compound, with USDT supply surging past $230 million as reported over the last weekend.
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins.
A vital function of the financial sector is to provide efficient ways for households and businesses to make and receive payments. A sound and well functioning payment system facilitates economic activity and supports long-run economic growth.1
Sweden's central bank just released a massive report on central bank digital currencies.
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
China is not playing catch-up, but rather exploring aggressively pragmatic ways to deploy a digital infrastructure for the whole economy with the blockchain tech implementation.