The account services for crypto firms come at a time when United States-based companies are struggling to find local banking partners and are frequently looking
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Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist
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China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime
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CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better.
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WeChat integrates digital yuan into its payment platform
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
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Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a
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