Alibaba to provide support for China’s Central bank and its Digital Yuan project according to a report by VOA news as we can see more in our latest crypto news today. Alibaba Group’s affiliate Ant Group signed a partnership with People’s Bank of China and the partners will work to build a platform for the […]

According to the Reuters report, the private-sector pilots initially will be funded by Accenture Plc and involve financial firms, retailers, and NGOs, among others. The plan is to generate data that could help the United States policymakers develop a digital dollar. A partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Project, was […]

Read full post Digital Dollar Project to launch five CBDC pilots over the next 12 months. on Chaintimes.com.

On Sunday (May 2), prominent macro-economist Alex Krüger, who is the founder of asset management and advisory firm Aike Capital, explained why is bullish on crypto and what he thinks will happen to the crypto market in the short and the long term. Krüger said on Twitter: “There’s more on the way. Apple Pay. Samsung […]

The biggest crypto news from last week. Axie Infinity, JPMorgan, Tesla, etc. Plus Ether just hits all-time high.

The post Weekly Wrap-up: Ether Breaks Past $3K – New All Time High (May 3, 2021) appeared first on BitPinas.

Head economist Christian Catalini explained that the Diem stablecoin is a stand-in until banks launch their own CBDCs.

The post Diem’s chief economist breaks down its plan for a central bank-centric stablecoin network appeared first on The Block.

The financial services juggernaut’s second quarterly earnings call this year identified five crypto opportunities for the company.

Here’s what crypto and blockchain experts from China think about the role of emerging technologies in the future of finance.

Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.

Here are the key takes: ·       BTC is transitioning from a short-term liquid asset to a long-term illiquid asset. ·       A massive rebranding of Bitcoin as an elite digital asset at par with gold appears to be ongoing. ·       Long term holders are mopping off BTCs from short-term holders for keeps. ·       BTCs legitimacy is re-fortified. The past week […]

CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.