Regulation

This is a Side Effect of the Central Bank’s Digital Currency

The application of central bank digital currencies in various countries in the world can certainly increase economic effectiveness. However, Deutsche Bank (DB) believes there will be side effects to the further adoption of digital currency in society. According to a report related to the latest cryptocurrency from Deutsche Bank, the global banking giant of the …

Coinbase Helps the US Government Combat Illegal Trade

One startup unicorn cryptocurrency, Coinbase, reportedly provided assistance to the United States government through partnerships with the Drug Enforcement Administration (DEA) and the United States Reveneu Service (IRS). This is a collaborative project involving DEA and IRS, as well as other companies, such as Chainalysis, Elliptic, CipherTrace who took part in this project to help …

The essence of Facebook Libra is a Blockchain, not Crypto!

Although there are concerns about not being mature enough for the blockchain to bring a new era of payment, this technology is increasingly being explored by global central banks. On the other hand, Blockchain technology is the core of Facebook’s Libra digital currency, according to an executive on this project. Since the release of the …

The Central Bank of China Is Getting Ready with its Digital Yuan Currency

The Central Bank of China is one step closer to issuing its official digital currency, which is valued at yuan. According to anonymous sources GlobalTimes, the Central Bank of China actually cooperates with private companies, has completed the development of the basic functions of the digital currency. While developing the technical blockchain, the central bank …