G7
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Shanghai to Airdrop Millions in Digital Yuan

The Chinese city of Shanghai would airdrop 19.25 million digital yuan equivalent to USD 3 million via a lottery system as per the Information Office of Shanghai Municipality. The Chinese CBDC is currently being tested across the country at various levels after its development was completed in 2019.  A total of 350,000 digital red envelopes,

The Chinese city of Shanghai would airdrop 19.25 million digital yuan equivalent to USD 3 million via a lottery system as per the Information Office of Shanghai Municipality. The Chinese CBDC is currently being tested across the country at various levels after its development was completed in 2019.  A total of 350,000 digital red envelopes,

crypto tether china
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crypto tether china
News

Why G7 Nations Are Raising Strong Concerns for China’s New Digital Yuan Plan?

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

News
News

G7 Meeting: Japan Wants G7 Nation to Prioritize On CBDC Policy

Coming Friday, February 12, finance ministers of the G7 nations will be having a virtual meeting for the first ministerial talks for 2021. Japanese Finance Minister Taro Aso has recently requested all G7 finance ministers to have an in-depth discussion on central bank digital currencies (CBDCs). During a recent press conference, Aso called the need

Coming Friday, February 12, finance ministers of the G7 nations will be having a virtual meeting for the first ministerial talks for 2021. Japanese Finance Minister Taro Aso has recently requested all G7 finance ministers to have an in-depth discussion on central bank digital currencies (CBDCs). During a recent press conference, Aso called the need

stablecoin
Regulation News
stablecoin
Regulation News

Stablecoins Pose More Issues Than Benefits – G7 Task Force Report

The G7 task force has finally released its report. The latter highlights the shortcomings in the prevailing cross- border payment systems. However, the force is still wary if stablecoins will be able to resolve the same owing to their operational challenges. Member Nations To Allow GSC Launch Post Ensuring Regulatory Compliance The report alleges that

The G7 task force has finally released its report. The latter highlights the shortcomings in the prevailing cross- border payment systems. However, the force is still wary if stablecoins will be able to resolve the same owing to their operational challenges. Member Nations To Allow GSC Launch Post Ensuring Regulatory Compliance The report alleges that

libra
Regulation News
libra
Regulation News

Is Libra a Virtual Currency, Financial Instrument or E-Money? We Might Find This Out on Sept 6

 The Economic and Financial Committee has requested the European Commission to explore the risks posed by Facebook’s Digital Currency Libra and analyze if it will be regulated as virtual currency, a financial instrument or e-money. Potential Threat to Monetary Policy The national government envoys will delve into the analysis provided by the European Commission on the

 The Economic and Financial Committee has requested the European Commission to explore the risks posed by Facebook’s Digital Currency Libra and analyze if it will be regulated as virtual currency, a financial instrument or e-money. Potential Threat to Monetary Policy The national government envoys will delve into the analysis provided by the European Commission on the

jeremy allaire
Bitcoin News
jeremy allaire
Bitcoin News

Jeremy Allaire Analyses Recent Growth in Bitcoin and Expectations from G7

Bitcoin, which was looking to break bearish in the past week, rejected yet another attempt to fall below $9000. The price of Bitcoin at 5: 30 hours UTC on 20th August 2019 is $10,796. It is trading 2.83% higher on a daily scale. The Bakkt announcement has had a significant positive effect on market sentiments.

Bitcoin, which was looking to break bearish in the past week, rejected yet another attempt to fall below $9000. The price of Bitcoin at 5: 30 hours UTC on 20th August 2019 is $10,796. It is trading 2.83% higher on a daily scale. The Bakkt announcement has had a significant positive effect on market sentiments.

Libra - UK’s Top Regulators Rushing to Review Facebook’s Libra Coin and Whole Model
Regulation News
Libra - UK’s Top Regulators Rushing to Review Facebook’s Libra Coin and Whole Model
Regulation News

Libra: Germany’s Central Bank Head and Finance Minister at Loggerheads

The Senate hearing on Libra in the US put an indefinite stop to Facebooks’ cryptocurrency plans. Moreover, the Chinese were more apprehensive as they do not have access to Facebook currently. However, not all Central Banks see Libra as a threat. Reportedly, the President of the German Federal Bank, Jens Weidman, recently addressed a news

The Senate hearing on Libra in the US put an indefinite stop to Facebooks’ cryptocurrency plans. Moreover, the Chinese were more apprehensive as they do not have access to Facebook currently. However, not all Central Banks see Libra as a threat. Reportedly, the President of the German Federal Bank, Jens Weidman, recently addressed a news

Libra
Blockchain News
Libra
Blockchain News

After U.S. Congress’s Injuries, Libra Sets To Face A Greater Threat

The Japanese minister of Finance, Taro Aso appealed to other G-7 finance ministers to take necessary assessments of Facebook’s cryptocurrency project, Libra. Looking Beyond Existing Regulations He urged them suggesting that Finance ministries of these regions access the project beyond existing financial regulations for any potential challenges that present regulations might overlook. According to Aso,

The Japanese minister of Finance, Taro Aso appealed to other G-7 finance ministers to take necessary assessments of Facebook’s cryptocurrency project, Libra. Looking Beyond Existing Regulations He urged them suggesting that Finance ministries of these regions access the project beyond existing financial regulations for any potential challenges that present regulations might overlook. According to Aso,

Libra
Regulation News
Libra
Regulation News

Japan’s Top Regulators Setting Up Working Group Dedicated on Libra Coin

Global regulators are raising their concern over Libra’s impact on the financial industry. Following the US’s concern, Japan is also seeking to conduct an in-depth study on the Libra and the possible impact as well as affect it can create over the financial industry. Japan and Facebook’s Libra According to the latest report, Japan’s top

Global regulators are raising their concern over Libra’s impact on the financial industry. Following the US’s concern, Japan is also seeking to conduct an in-depth study on the Libra and the possible impact as well as affect it can create over the financial industry. Japan and Facebook’s Libra According to the latest report, Japan’s top