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Tag: Digital Yuan

84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency....

Cryptocurrency News From Japan: Feb. 9 – Feb. 15 in Review

This past week in Japan, native exchange Bitpoint released data showing a massive deficit from 2019, Japan’s Financial Services Agency mentioned upcoming tightened...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was...

Chinese Central Bank Files for 84 CBDC-Related Patents  

China is on the fast track towards developing a Central Bank Digital Currency (CBDC). Much progress has been made over the past month,...

Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are...

Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon

U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto...

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