The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. According to Economic Information Daily, a local financial media outlet, aRead More
@hughharsonoHugh Harsono Hugh writes about cyberspace, digital currencies, economics, foreign affairs, and technology. Central bank digital currencies (CBDCs) utilize technologies to digitize a...
@rajurathorerajurathoreraju rathore is a professional blogger.The global pandemic COVID-19 accelerated many trends that were already in motion. One particular trend that saw significant...
Stablecoins in the banking business has recently received considerable attention. However, you must know all the upsides and downsides of Stablecoins before putting your bets on stable coins.
It has been a controversially bullish year for cryptocurrencies. The world has either been adopting or applying strict regulatory policies to the digital money market of crypto. Latin and North American nations have shown their faith in cryptocurrencies, whereas several nations in Asia have turned their backs to crypto. European Union’s Digital Finance Strategy now
Bank Negara Malaysia, the nation’s reserve bank, recently revealed that it received 29 different applications for a virtual bank license under the Financial...
China’s e-yuan pilots are now focusing on going green. E-Yuan for Environmental Sustainability According to a report by Ledger Insights, China has kick-started two new pilots for its famed digital yuan. Specifically, these pilots have been initiated in Chengdu and Xiong’an at a combined value of around $2.3 million. What sticks out about these trialsRead More