Digital currency Tag

07 Mar Hong Kong launches world’s first wholesale CBDC pilot as city positions itself at cutting edge of blockchain evolution

Posted at 11:03h in Asia by admin 0 Comments

The city’s de facto central bank is testing an ecosystem that includes digital forms of deposits by commercial banks, financial products using distributed ledger technology and central bank money for settlement purposes, said Howard Lee, the HKMA’s deputy chief executive.The aim of the project is...

13 Feb Bitcoin back at US$50,000 as ETF approval, prospect of falling interest rates drive demand for cryptocurrency

Posted at 02:53h in Asia by admin 0 Comments

Bitcoin jumped to US$50,000 for the first time in more than two years, staging a remarkable comeback from a series of cryptocurrency industry scandals and bankruptcies that had raised questions about the viability of digital assets.The original cryptocurrency has tripled in value since...

Digital currency Tag

07 Mar Hong Kong launches world’s first wholesale CBDC pilot as city positions itself at cutting edge of blockchain evolution

13 Feb Bitcoin back at US$50,000 as ETF approval, prospect of falling interest rates drive demand for cryptocurrency

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