The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
He doesn’t seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now.
A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.
The U.S. doesn’t mind coming a bit late to the CBDC party, but is that the wrong approach?
“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter.
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining.
Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely.
DLT is among 20 “critical and emerging” technologies in the Trump Administration’s new strategy for preserving the U.S.’ technological edge.
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving.