Both El Salvador and Paraguay have signaled their pro-Bitcoin intent. But as pointed out by @GaryLeland, Brazil and Panama have also declared an interest in following suit. The list keeps growing. El Salvador, Brazil, Paraguay, and Panama are moving to #Bitcoin. Who is next? — 🅖🅐🅡🅨 🅛🅔🅛🅐🅝🅓 The Bitcoin Boomer (@GaryLeland) June 8, 2021 This […]

The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. HKMA Examines Both Retail and Wholesale CBDCs In a press release issued onRead More

As of 9:45 a.m. EDT, the global crypto market had plummeted more than 11% over the past 24 hours, falling below $1.5 trillion to its lowest point since a flash crash in May pushed the market down to $1.3 trillion from an early month high above $2.5 trillion. Breaking News, Forbes.com Cryptocurrency investors are surprised by the […]

GAUGECASH is the world’s first Decentralized Monetary System that will be available to anyone anywhere. Unlike most prominent stablecoins that peg the price and value of the asset 1:1 to the USD, th

The post Presale live at Gaugecash, the first decentralized monetary system appeared first on AMBCrypto.

In a move contrasting its stance on cryptocurrencies, China has issued guidelines for blockchain development within the country.

The post China Aims to Have World’s Most Advanced Blockchain Tech by 2025 appeared first on BeInCrypto.

The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels.

The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto.

AideXa, an Italian banking challenger for small businesses, has reportedly acquired a full banking license which was issued by the European Central Bank...

Former SEC chairman Jay Clayton and former Undersecretary of the Treasury Brent McIntosh have…

The post Former Industry Experts See No Need for New Crypto Regulations appeared first on Coin Journal.

The Bank of England has recently stated that stablecoins need to be regulated the same way as the payments are regulated by the banks.

The central bank is already working with international counterparts on CBDC for wholesale use.

The Hong Kong Monetary Authority (HKMA), the de facto central banking authority in the Hong Kong Special Administrative Region, revealed its “Fintech 2025 Strategy” in a press conference on Tuesday. HKMA announced a high-level strategy for driving financial technology development in the city. As part of the fintech strategy, the HKMA said it’s expanding its […]

Read full post Hong Kong is looking into the prospects of having a local CBDC. on Chaintimes.com.