Payments giant PayPal makes a big bang entry to the crypto space by launching its crypto trading services. It soon plans to start crypto shopping by early 2021.
The world’s largest cryptocurrency extends its market dominance as bulls push its price above $12,000. Analysts say Bitcoin will soon move closer to its ATH of $20,000.
LINE noted that it is in talks with some big Asian countries and their central banks to help them kickstart their CBDC tests.
The IMF said that CBDCs can successfully improve the digital payment infrastructure but won’t necessarily improve the condition of already ailing economies.
WorldCoinIndex Derivatives Report 2020 Week 42
Withdrawals at crypto exchange OKEx were halted after the exchange staffer holding users’ private keys was suddenly “out of touch”.
The watch marker said that the blockchain-based digital passport will offer proof-of-authenticity of ownership and is highly useful in the pre-owned watch market.
Bitcoin remains the top choice for institutions as an alternate asset class and a hedge to expose a minor portion of their overall portfolio to the world’s largest cryptocurrency.
The G7 economies said that unless all regulatory challenges posed by stablecoins are addressed, they shouldn’t be allowed to function in the financial ecosystem.
The PBoC deputy governor said that China should have its “independent” and “high-quality” financial infrastructure and quicken the speed of its CBDC development.