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Tag: CBDC

Crypto Crash Prime Buying Opportunity, According to Rich Dad Poor Dad Author – Here’s Why

Robert Kiyosaki, author of the best-selling “Rich Dad Poor Dad” series, says the collapse in the crypto markets is a prime buying opportunity. In a new Stansberry Research interview, Kiyosaki highlights that the key to getting wealthy is to buy when markets go through a significant sell-off. “You buy low. You sell high. But all […]

The post Crypto Crash Prime Buying Opportunity, According to Rich Dad Poor Dad Author – Here’s Why appeared first on The Daily Hodl.

China Conducts Pilot Test For Blockchain-based CBDC Payment System

The People’s Bank of China reports that they have successfully carried out the first salary payments using a blockchain-based version of the Digital Yuan. China has made the first payments in #digitalyuan based on a blockchain in the New Xiong'an District. The country's leadership has been working on putting the central bank digital currency (CBDC) […]

The post China Conducts Pilot Test For Blockchain-based CBDC Payment System appeared first on CryptoCoin.News.

Can Bitcoin Ever Replace Fiat Currencies?

With El Salvador legalizing Bitcoin as legal tender and forward-looking companies like Tesla, MicroStrategy, and Square accepting payments in Bitcoin, the debate once again rages on whether cryptos like Bitcoin can ever replace fiat currency. According to BItstamp CEO Julian Sawyer, Bitcoin has drawbacks like extreme volatility and most likely be part of the payment …

Nigeria plans to launch its CBDC by the end of 2021.

An official with the Central Bank of Nigeria (CBN) told a local news outlet that the central bank is hoping to launch a central bank digital currency (CBDC) “before the end of the year. Director of IT for CBN, Rakiya Mohammed, announced during an online news briefing at a Bankers Committee meeting. She stated that the bank […]

Nigerian Central Bank Planning CBDC Launch by End of 2021

An official with the Central Bank of Nigeria (CBN) told local news sources that the bank is hoping to launch a central...

House Fintech Task Force to Discuss CBDCs

On June 15th, the House Financial Services Committee, Task Force on Financial Technology (Fintech) will hold a hearing on central bank digital currency...

China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an

China debuts blockchain-powered salary payments with digital yuan in Xiong’an
China debuts blockchain-powered salary payments with digital yuan in Xiong’anAs part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an.  Blockchain Technology for Salary Payments in Digital Yuan According to People’s
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El Salvador: Welche enormen Risiken jetzt auf das Land zukommenNEU 

El Salvador: Welche enormen Risiken kommen auf das Land zu? #ZeroFuchsGiven ist das Format, in dem Fuchs Inc....

Russian Minister Says Cryptos Could Play Role in International Settlements

Sergei Lavrov pointed out that the government doesn't aim to fully de-dollarize their economy.

Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator

The continued spread of cryptocurrencies without consistent regulation is a cause for concern, according to the head of Italy’s stock market regulator.

The post Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator appeared first on BeInCrypto.

China Debuted Blockchain-based Digital Yuan Salary Payments

China debuted blockchain-based Digital yuan salary payments in the Xiong’an area which marks the first implemented transaction on the blockchain in the country as we can see more in our latest cryptocurrency news today. China is progressing with the central bank digital currency tests and debuted blockchain-enabled salary payments in the digital yuan. As per […]

China has introduces blockchain-based digital yuan to pay salaries in Xiong’an

TL;DR Breakdown China has debuted the first digital currency backed by China, digital yuan This payment system was introduced in Xiong’an New Area This will be the first blockchain-powered CBDC for payments of salaries China’s stance on cryptocurrencies is clear despite the rumors. After the rumors that Bitcoin was banned in China, China came out […]

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