[ad_1] China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared.Digital yuan project lead Mu Changchun spoke of China’s CBDC project at the 5th Digital China Construction Summit on July 24, local financial publication Sina Finance reported.Since debuting the digital yuan in 2020, the Chinese central bank has never targeted complete anonymity for the
[ad_1] As the ETH price rise fades, Ether may go below $1,350 in August. On July 26, Ethereum's native token Ether (ETH) fell, lowering expectations of a long-term price rebound. The ETH/USD pair fell by over 5% before recovering slightly to above $1,550. According to CoinGlass statistics, these nighttime transactions liquidated almost $80 million in Ether positions in the last 24 hours. The seesaw behavior also highlighted an underlying bias
[ad_1] When it comes to cryptocurrencies, you need to consider a few key factors before you decide whether to invest. Whether you're just beginning to get on the ground floor of new crypto projects or are looking to expand your portfolio, it’s helpful to have an evaluation framework handy for crypto projects. This article will explain a step-by-step framework to assist you in evaluating various crypto projects. How do you evaluate
[ad_1] Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations.Infrawatch PH on Monday filed a twelve-page complaint calling on the Philippines’ Securities and Exchange Commission (SEC) to crack down on Binance’s activities in the Philippines.According to the think tank, Binance has been operating in the Philippines for several years without approval by appropriate
[ad_1] In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity commits to bringing together the departments responsible for industrial finance, taxation, corporate system and those that deal with media and content, sports, fashion and the other entertainment industries. The July 15 announcement specifies the mission of the new office would be to
[ad_1] A public agency survey conducted by blockchain analytics firm Chainalysis highlights the need for better tools, training and support for cryptocurrency-related investigations. The blockchain data platform delved into the topic in its 2022 State of Cryptocurrency Investigations Survey, with 74% of respondents indicating their agencies were under-equipped to investigate cryptocurrency-related crime.Chainalysis polled some 300 respondents across 183 public sector agencies in the United States and Canada to unpack the challenges and
[ad_1] Bitcoin (BTC) fell to $21,000 on July 26 after it emerged that major United States cryptocurrency exchange Coinbase was under investigation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$21,000 now "super critical" for BTC bullsData from Cointelegraph Markets Pro and TradingView showed a swift reversion to lower levels for BTC/USD as reports emerged of fresh legal problems for Coinbase over securities trading.The U.S. Securities and Exchange Commission, Bloomberg originally reported, was looking
[ad_1] Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).FOMO Pay would use the popular crypto enterprise technology to improve its cross-border treasury settlements. Earlier, the firm used the traditional payment system for cross-border settlement of EUR and USD trades, which took up to two days. However, with ODL integration, the firm aims to achieve an
[ad_1] How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting. [ad_2] Source link
[ad_1] While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the technology and the people. Factors such as crypto ATM installations, pro-crypto regulations, startup culture and a fair tax regime signal a country’s readiness to adopt cryptocurrencies. Considering these factors, a Forex Suggest study revealed Hong Kong’s position as the best-prepared country for
