China’s “Digital Currency,” a Totalitarian Nightmare

China’s “Digital Currency,” a Totalitarian Nightmare
ôîòî ïîêàçàíî ñ : trustnodes.com

2020-10-13 15:23

China has announced a successful trial of the e-yuan which they call the Digital Currency Electronic Payments (DCEP) system. It is being called a contender to bitcoin, but there is... origin »

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china currency digital system dcep being contender

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Why China sees blockchain as a strategic pillar for the next decade of growth

Matthew Graham is the CEO of Sino Global Capital, a team of Beijing-based investment bankers. China sees blockchain as a key strategic technology pillar critical to the next decade of growth. As it prepares to deploy a state-issued digital currency or DCEP (Digital Currency / Electronic Payment) China has a unique opportunity to take control of its monetary system.

2020-1-8 22:55


China’s Central Bank Digital Currency (CBDC) Will Launch In Next 60-90 Days Per HCM Capital Exec

Jack Lee, the founding partner of HCM Capital, has recently affirmed that the central bank digital currency (CBDC) of China is being created and is expected to be launched in the next few months. According to a recent interview with CNBC, Lee said that the central bank of China will use the new digital currency […]

2019-11-12 03:00


Is Bitcoin Really A Hedge Against The US-China Trade War And Devaluing Yuan?

The trade war between the world’s two biggest economies continues to intensify while China’s yuan remains above the important physiological level 7 at 7.6 against the US dollar on Friday. With central banks around the world making rate cuts and a threat of currency crisis looming, Bitcoin is fast becoming a safe haven asset. According […]

2019-8-9 15:48


In A Historic Move, US Declares China As Currency Manipulator Escalating Trade & Currency War

The US Treasury Department on Monday designated China as a currency manipulator in a historic move that hasn’t been exercised since the Clinton administration. “Secretary Mnuchin, under the auspices of President Trump, has today determined that China is a Currency Manipulator,” the Treasury Department said in a release. “As a result of this determination, Secretary […]

2019-8-6 16:10


Ôîòî:

Currency War Erupts as US and China Bring Out the Big Guns

What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the value of their […] The post Currency War Erupts as US and China Bring Out the Big Guns appeared first on Bitcoin News.

2019-8-6 13:31


People’s Bank of China (PBoC) Talks Plans to Fast-Track R&D Related to its Legal Digital Currency

On Friday, August 2, 2019, the People’s Bank of China (PBoC) supposedly held a video conference in which things that needed to be achieved in the second half of the year were elaborated upon. According to The Block, China’s central bank reported its plans to accelerate its goals with regard to a country-wide digital currency […]

2019-8-3 17:24


China’s central bank fast-tracks R&D of its legal digital currency

The People’s Bank of China noted that they are going to track the development trend of virtual currencies of China and foreign in order to strengthen Internet financial risk remediation. After mulling over its centrally owned digital currency, China accelerated its research and development, according to the statement released by the People’s Bank of China […] The post China’s central bank fast-tracks R&D of its legal digital currency appeared first on AMBCrypto.

2019-8-3 11:42


Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution.

2019-7-11 02:30


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Europe Markets Reel as Bitcoin Suffers Its Worst Day Since March

European markets start the month under pressure as Bitcoin posts its steepest daily decline since March. The selloff hits early and carries through the session, with Bitcoin trading around $85,900 The post Europe Markets Reel as Bitcoin Suffers Its Worst Day Since March appeared first on CryptoNinjas.