Category: China
-
Ripple’s Larsen Says US Risks Losing Stewardship of Global Financial System to China, Disses SEC
Chris Larsen said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.”
-
Ripple’s Larsen Says US Risks Losing Stewardship of Global Financial System to China, Disses SEC
Chris Larsen said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.”
-
Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: Report
The promotion is part of China’s efforts to try out out and stimulate usage of its new digital currency.
-
Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns.
-
China’s Central Bank, Major City to Hand Out $1.5M in Digital Yuan
A local report suggests the pilot is an indication that the digital yuan is close to being launched.
-
Ripple Chairman Says Firm Could Leave US if Regulatory Environment Doesn’t Change
Ripple’s Chris Larsen threatened to leave the U.S. if the country’s stance on crypto doesn’t soon change, Fortune reported.
-
New Bitcoin addresses hit two-year high after China advertises crypto
Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains.
-
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape of defi platforms and applications. At the…
-
Emerging technologies can change the African financial landscape
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
-
Cashless future ahead? Utopian digital dream with dystopian inequality
A society without paper money might be a less equitable society. Those lacking digital connectivity would suffer.