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China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank
China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice governor Yifei Fan.
Brazil Highlights Blockchain Technology as a Digital Strategy Goal
Last week, Brazil unveiled its Digital Government Strategy that highlighted the use of distributed ledger systems and blockchain technology to transform major parts of the economy, especially in a post-COVID-19 environment.
What Does the Japanese FinTech Landscape Look Like?
Tokyo, the capital of Japan has been ranked as one of the top 12 FinTech hubs in the world by Deloitte’s A tale of 44 cities: Connecting Global FinTech: Interim Hub Review 2017. The Tokyo Metropolitan Government (TMG) created policy outlines to form the city with the vision of an unrivaled global financial center.
Beijing Authorities Warns Institutions Not to Get Involved with Crypto
Beijing’s local authorities in China have issued a new risk warning on cryptocurrency trading activities. The Beijing Local Financial Supervision Administration, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau and the Beijing Securities Regulatory released further measures to ask firms not to engage in crypto businesses.
SEC Chair Jay Clayton to Leave the Commission by Year End—Implications for the Future of Crypto
SEC's Jay Clayton is set to leave the commission by year-end after three and a half years in office. What could this mean for the crypto industry?
Kraken Newly Announces to XRP Holders Its Support for Spark Tokens’ Upcoming Airdrop, XRP Climbs Higher
After Kraken signaled that it was not planning on supporting the upcoming Spark tokens’ airdrop, the cryptocurrency exchange appears to have changed its mind.