China’s Crypto Could Become a Global Reserve Currency: Circle CEO

2019-9-14 20:39

Circle CEO Jeremy Allaire believes that China's developing "cryptocurrency" could propel the yuan to worldwide renown as a global reserve currency. Speaking to CNBC's Squawk Box, Allaire highlighted the budding prospects of the central bank digital currency (CBDC), suggesting that it could act as the "mechanism" for worldwide adoption of the yuan.

“I look at […]

The post China’s Crypto Could Become a Global Reserve Currency: Circle CEO appeared first on CCN. com

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China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.

2019-9-6 15:44


Фото:

Will The Next World Reserve Currency Be a Crypto?

The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back into history, there have been several world reserve currencies throughout the centuries.

2019-9-4 19:00


China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder

Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […] The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets

2019-8-30 14:43


Новости криптовалют сегодня, 24 августа 2019

Тут новости криптовалют сегодня, статья обновляется в течение дня; долго грузится в смартфоне? Можно открыть быструю версию статьи, к URL добавить /amp CoinDesk Цифровая валюта, поддерживаемая центральным банком, может заменить доллар в качестве глобальной валюты хеджирования, считает губернатор Марк Карни.

2019-8-24 08:53


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history.

2019-8-21 20:30


XRPL Labs’ Lead Developer reveals “new secret format” in upcoming Xumm rollout

Ripple-powered XRPL Labs had released Xumm, an application where users could store both crypto and fiat currency such as Euros and Dollars, in their wallet account in July 2019. According to Wietse Wind, the XRPL Labs’ Lead Developer, the main objective behind the rollout was to build an application similar to a banking app but […] The post XRPL Labs’ Lead Developer reveals “new secret format” in upcoming Xumm rollout appeared first on AMBCrypto.

2019-8-13 00:43


Фото:

How big players like Netbet have changed the cryptocurrency gaming landscape

Ever since Bitcoin was unleashed on a world that had never even realised that it needed a whole new kind of currency, it’s had a very eventful decade. No-one needs to be reminded of its explosion into the public consciousness in 2017 when you could hardly visit a news site without reading about Bitcoin’s meteoric […] The post How big players like Netbet have changed the cryptocurrency gaming landscape appeared first on CaptainAltcoin.

2019-8-10 12:29


JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification

The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […]

2019-7-25 20:16


Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019

Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years. Morehead, who’s also the chairman at Bitstamp, a global digital currency marketplace, predicted during an episode of Laura Shin’s Unchained Podcast that Bitcoin’s price may reach $42,000 by the end […] The post Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019 appeared first on CryptoSlate.

2019-7-24 18:18


European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile”

Bitcoin has unarguably gained massive adoption of recent and there are hopes that someday, it could potentially become a global currency. However, the European Central Bank, the Central bank for Europe’s currency Euro in a tweet on July 9, 2019, stated that it has no plans to add Bitcoin to its reserves because Bitcoin is […] The post European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile” appeared first on ZyCrypto.

2019-7-10 15:34


KaratGold Coin (KBC): Coin Holder Could Exchange Their Coins For Real Gold at “Gold Independence Day” Event In Las Vegas

Gold is money. It is and has been approved on a global scale in more than 194 countries throughout the centuries, therefore asserting itself as a form of currency. In recent times, the significance of relocating assets into a more credible form of investment which would have borne fruit has been lost.

2019-7-9 21:11


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Андрей Луговой: «Регулирование криптовалют в России плохое до отвратительности»

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Chainlink Price Prediction For September: Buy LINK Now?

Chainlink (LINK) has been a standout in the crypto market recently, registering an 11% increase over the past six days, even as the broader crypto market sentiment remains subdued. Will Uptober Start Early For Chainlink? A significant factor that might be driving this price action is the behavior of LINK’s major holders.