Li Lihui, former president of the Bank of China: What will the central bank’s digital currency change?
Li Lihui, former president of the Bank of China: What will the central bank’s digital currency change?

Digital currencies that have legal status, endorsement of national sovereignty, and aresuance responsibilities constitute legal digital currencies, also known as central bank digital currencies. The central bank’s digital currency adopts digital technology, and its essence is still legal currency, and at the same time an official payment tool and clearing tool. In April 2020, my […]

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Bank of New York Mellon announced that it will support Bitcoin services, increasing regulatory pressure
Bank of New York Mellon announced that it will support Bitcoin services, increasing regulatory pressure

The U.S. Securities and Exchange Commission (SEC) “crypto mom” Hester Peirce said in an interview that the cryptocurrency service plan of the Bank of New York Mellon (BNYMellon) has forced U.S. regulators to expedite the clear direction of supervision. The leaders of the cryptocurrency industry agree that the industry needs a clear regulatory system, which […]

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Report: The central bank’s digital currency CBDC may cover 1/5 of the world’s population in the next three years

On January 27, 2021, the Bank for International Settlements (Bank for International Settlements) released the results of the third survey on the Central Bank Digital Currency (CBDC), with the question “Ready, steady, go?” As the title. The report shows the results of a survey of 65 central banks at the end of 2020. These investigations […]

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Bank of Singapore: Cryptocurrency may become an electronic store of value
Bank of Singapore: Cryptocurrency may become an electronic store of value

According to a report written by Mansoor Mohi-uddin, chief economist of the Bank of Singapore, cryptocurrency may one day become an electronic store of value. Mohi-uddin wrote that cryptocurrency is most likely to be widely accepted as a store of value, and digital currency may compete with gold as a potential safe-haven asset in the […]

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Tether’s Bank Says It Invests Some Customer Funds in Bitcoin – CoinDesk – CoinDesk

Tether’s Bank Says It Invests Some Customer Funds in Bitcoin – CoinDesk  CoinDesk What is Tether backed by?  CoinGeek Why Tether’s Reserves Probably Don’t Contain Bitcoin  Crypto Briefing Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?  Yahoo Finance Research Affiliates Quant Warns of Bitcoin Market Manipulation  Bloomberg View Full Coverage on Google News Go to […]

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Tether’s Bank Says It Invests Customer Funds in Bitcoin – CoinDesk – CoinDesk

Tether’s Bank Says It Invests Customer Funds in Bitcoin – CoinDesk  CoinDesk Research Affiliates Quant Warns of Bitcoin Market Manipulation  Bloomberg Tether’s Bank Says It Invests Customer Funds in Bitcoin; Backing Questions Reemerge  Yahoo Finance Deltec, the bank for stablecoin issuer Tether, bought ‘large position’ in Bitcoin for clients  The Block Crypto What does the January 15 deadline hold […]

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