Digital Yuan – Bitcoin trading

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

March 9, 2023 admin Brazilian, CBDC, Central Bank of Brazil, chinese, digital real, Digital Yuan, Ethereum Compatible, fabio araujo, Finance, Hyperledger Besu, Open Source, tokenized, two tier

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the

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China’s Digital Yuan Little Used, Former Central Bank Official Says

December 31, 2022 admin CBDC, CBDCs, Central Bank, China, chinese, Circulation, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, Finance, former official, Official, PBOC, trials, use, use cases, Yuan

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at

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Central Bank of China Calls for Increasing Use of Digital Yuan

September 12, 2022 admin CBDC, Central Bank, China, chinese, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, e-CNY, Finance, integration, interconnectivity, payment systems, payment tools, Payments, PBOC, pilot, pilot project, Yuan

The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital

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Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

August 7, 2022 admin CBDC, Central Bank, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, digital rupee, Digital Yuan, feasibility, Finance, nepal, Nepal Rastra Bank, Nepalese, NRB, project, study

A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency.

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Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’

May 28, 2022 admin app stores, bill prohibits china, CBDC, China’s CBDC, chinas digital currency, Digital Yuan, e-CNY, ecny, PBOC, Regulation

Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions

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China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

January 20, 2022 admin CBDC, China, China central bank, china central bank digital currency, chinese, chinese digital currency, DCEP, Digital Currency Electronic Payment, Digital Yuan, e-CNY, PBOC, Regulation

China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the

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Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

October 24, 2021 admin Beijing Winter Olympics, CBDC, CBDC pilot, China, Chinese Government, Digital Red Envelopes, Digital Yuan, e-CNY, Fast-Food Chain McDonald's, Federal Reserve, financial times, FT, jerome powell, mcdonalds, News, Nike, PBOC, People's Bank of China, red envelopes, report, sources, Testing, US, VISA, Winter Olympics Roll-Out

According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the

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Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

September 1, 2021 admin applications, Bank of Communications, banks, Bocom, CBDC, CCB, China, china construction bank, chinese, Currency, Digital Currency, Digital Yuan, e-CNY, Fiat, Holders, Insurance, insurance companies, insurers, investment, investment funds, News, use cases, users, Wallets

Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they

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Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

July 31, 2021 admin CBDC, CBDC offering, Central Bank, China, Cryptocurrencies, Cryptocurrency, Currency, Development, Digital Currency, Digital Dollar, Digital Yuan, Dollar, domestic, Federal Reserve, fiat currency, Finance, Governor, international, issuance, Lael Brainard, Payments, Stablecoins, U.S., US, Yuan

Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor

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81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched

July 25, 2021 admin CBDC, central bank digital currencies, central bank digital currency, countries, Digital Currencies, Digital Dollar, Digital Yuan, Federal Reserve, Regulation

Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.