Category: Yuan

China’s blockchain ambitions set in stone after mention in national five-year plan

China’s blockchain ambitions set in stone after mention in national five-year plan

China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies. 9052 Total views 30 Total shares China’s determination to stay ahead of the curve when it comes to the utilization of blockchain technology was evidenced again this week, after the release of the country’s latest five-year […]

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US Fed: CBDC a ‘very high priority’ to combat bad private sector money

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. 7893 Total views 49 Total shares Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get […]

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