Search Results for: Tai

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar. The US Senate Banking, Housing, and Urban Affairs Subcommittee on … Continue reading Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire

IOHK, the blockchain engineering company behind Cardano has launched “Project Catalyst” in part of the network’s transformation into a self-sustaining system. Cardano aims to build a set of governance tools and processes that puts the future of the network in every ADA holder.  A lot of developments have been made since Cardano’s network has forked … Continue reading Cardano Launches Project Catalyst—One Step Closer to Fully Decentralized Era Voltaire

China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

China has been reportedly continuously expanding the trials of its central bank digital currency (CBDC) significantly, and in the wealthier cities in the country. China’s CBDC, also known as the digital currency electronic payment (DCEP), has been said to be “ready” for some time, however, the exact date of its rollout has not been set. … Continue reading China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

China's DCEP Testing Limited to Small Retail Transactions for Now

The People’s Bank of China (PBoC) has affirmed that the testing of its flagship Digital Currency Electronic Payment (DCEP) project is concentrated only on small scale transactions for now. As reported by the Global Times, the clarification came in order to quell rumors making the rounds with respect to the scale of the DCEP phase … Continue reading China's DCEP Testing Limited to Small Retail Transactions for Now

China’s DCEP Aims to Restructure the Payment Network While Maintaining a “Normal” Monetary Policy

China has been developing its central bank digital currency (CBDC) for some time, recently testing its digital currency electronic payment (DCEP) on retail small-scale transactions.  Recently, a Chinese senior central bank official said China should maintain a “normal” monetary policy as the country has been reportedly recovering from the coronavirus pandemic smoothly. Head of monetary … Continue reading China’s DCEP Aims to Restructure the Payment Network While Maintaining a “Normal” Monetary Policy

Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious

Coronavirus has led to many investors turning towards Bitcoin as a hedge, but research from OKEx revealed that the way in which individual and institutional investors leveraged the digital asset differed. Big-Time Players Capitalize on BTC With coronavirus impacting economies worldwide and the US dollar plummeting, data by Malta-based crypto exchange OKEx suggested that many … Continue reading Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious

Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum

Over the weekend, Bitcoin surged past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then. The $11K mark seems to be a big resistance level for BTC. Bitcoin as a hedge To some market investors, the fact that Bitcoin (BTC) has dipped is a sign and an … Continue reading Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs) that reference certain types of crypto assets to retail consumers. According to the press release from the FCA, the ban became necessary as crypto derivative products offered on exchanges are … Continue reading UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability

Multinational professional services firm and one of the Big four auditing firms, KPMG is set to offer a blockchain-based tool dubbed the Climate Accounting Infrastructure (CAI) to help organizations more accurately measure, mitigate, report, and offset their greenhouse gas emissions. Per the official KPMG announcement, the patent-pending Climate Accounting Infrastructure will be able to analyze climate … Continue reading KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire. Cardano’s Voltaire era would allow the network to become a fully self-sustaining system.  As part of this journey, Cardano has previously introduced a treasury system combining proposal and voting procedures—Project Catalyst. A treasury system would enable a … Continue reading Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Exit mobile version