Inside China’s vision to globalize its currency
The central bank’s digital currency efforts, ironically, would give it more control over the economy.
The central bank’s digital currency efforts, ironically, would give it more control over the economy.
The crypto exchange has a presence in China, but not an official registration.
“We want to keep at the forefront of the regulatory framework to make sure that what we’ve got is fit for purpose and works well for our stakeholders.”
On Sept. 13, French Finance Minister Bruno Le Maire gave a rousing speech about innovation and technology at the OECD Global Blockchain Policy Forum in Paris. It was a robust defense of the role of government not only in regulating and taxing technology, but having a strong say in how it is developed. Among the…
For many people, cryptocurrencies remain an abstract idea removed from everyday life. Most people aren’t even aware of the technology. But one application that can push cryptocurrencies into the mainstream is payments. Making it easy and safe for consumers and businesses to pay bills, buy and sell stuff, and deposit and withdraw funds offer significant…
Much has been made of the clear divergence between Asia’s embrace of blockchain innovation versus the West. But three seemingly disparate storylines this month suggest the gap might be widening as we speak. The first is South Korea creating a special enterprise zone for cryptocurrency trading and initial coin offerings. China’s fast-accelerating timetable for issuing its…
Key Highlights The inherent differences in policy that result from country-specific priorities and demands lead to opportunities for arbitrage across borders. It is in the interest of all parties involved to prevent this from happening, even if that means compromising on certain rules. The input of drastically different nations on their experiences with regulating cryptocurrency…
Facebook just did the unthinkable in the Donald Trump era: give America’s Republicans and Democrats something on which to agree. Same with the Group of Seven nations taking a dim view of the social media giant minting its own money. US President Trump declared that Libra, Facebook’s proposed virtual currency, “will have little standing or…
Taiwan’s Financial Supervisory Committee (FSC) has recently released guidance on STO rules. What does this mean for the regulation in Taiwan, particularly as it emerges as a hub for blockchain growth and development? Angie Lau, Editor-in-Chief of Forkast.News sits down with Sam Reynolds to learn more. Read the related piece from Sam Reynolds: Innovation versus…
Key Highlights Osaka may be the “Crypto Bretton Woods” in terms of significance to the global economy Unlike the current economic system, crypto is “rising from the ground up” and is being forced on the global elites “Science-fiction is becoming fact and happening in a way they [governments] can’t ignore.” In the latest episode of…