Peirce said that crypto doesn’t have a bailout mechanism and believes that over leveraged players shouldn’t get a bailout due to their unwanted risks.
The Bank of Korea is reportedly working on a blockchain-based bond system for the ownership, transfer, allocation and management of government bonds.
Recent reports indicate that the Bank of South Korea has released a task force, in charge of studying the feasibility of a national digital currency.
Sweden’s central bank announces that it will sign a partnership with Accenture, for the development of the e-krona CBDC.
A new law will enable German banks to sell cryptocurrency to customers, but also to store digital currency on their behalf.
Indian Minister for Electronics and IT states that India is now working on developing a national blockchain strategy.
Reports indicate that China is starting Phase 1 of its CBDC Digital Yuan project, by imposing limits on transactions and reducing the presence of cash in 3 important regions.
In this article we explore the upcoming Bitcoin Options, to be released by the CME Group, and their potential impact on the market.
China passes law on state-sanctioned cryptocurrencies, in preparation for the digital Yuan. Similarly, the nation has shown interest towards the development of blockchain technology.