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Tag: Central Bank

Russia Leads Multinational Stablecoin Initiative

Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange...

OKEx Partners With Bain-Backed Crypto Exchange to Launch Leveraged Futures in India

An Indian cryptocurrency exchange has partnered with Malta-based trading platform OKEx to offer futures products specifically for the subcontinent market. Mumbai-based CoinDCX announced...

Digital Remittances Reach Record of $96 Billion YoY, High Fees Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users....

Can Blockchain Survive Mass Adoption? Future Perils Disclosed

Prediction can be a bit of a gamble. And when cryptocurrency and blockchain are involved, it wouldn’t be surprising to see people shying...

Blockchains Unlock Institutions with Internet Scale

Reading Time: 4 minutes From Promises Enforced by Law to Promises Enforced by Code Blockchains are the first technology ever invented that gives software systems the ability — without trusted intermediaries — to make highly credible promises. These promises are enforced by a novel combination of technological innovations spanning peer-to-peer networking, encryption, and consensus mechanisms. The first blockchain was […]

Chinese Central Bank Files for 84 CBDC-Related Patents  

China is on the fast track towards developing a Central Bank Digital Currency (CBDC). Much progress has been made over the past month,...

Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon

U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto...

Is bitcoin’s 2020 rally another flash in the pan?

FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration taken January 27, 2020. REUTERS/Dado Ruvic//File...

Fed-Induced ‘Deflation Crisis’ Will Cause Bitcoin to Soar: Hedge Fund Manager

The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance...

CNBC Anchors Admit Bitcoin is Valuable Due to Central Banks

Bitcoin’s latest surge past $10,000 hasn’t gone unnoticed; retail investors are once again talking crypto, trends for search terms like “Bitcoin” have started...

Federal Reserve Chairman: U.S. is “Working Hard” on Digital Currency

A few years ago, a government or central bank launching its own digital currency was a foreign concept. But since Facebook and a...

10 things you need to know before the opening bell

Tomohiro Ohsumi/Getty ImagesHere's what you need to know before the markets open. 1. SoftBank's profits nosedived 99% last quarter. Here's why its stock went...

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