Crypto analysts have a reputation for making claims that can sometimes be completely spot-on, or very inaccurate. However, the individual predictions often come down to the analysts themselves, not the claim that…
Category: CBDCs (Central Bank Digital Currencies)
Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”
Reserve Bank of India (RBI) had never lent out any sort of recognition nor any support to digital currencies ever, however, it has been continuously discouraging Indian to beware of them because…
Russian Central Bank Directs Financial Institutions to Supply Transaction History of Private Persons/Entities
Russian commercial banks will be asked by the Central Bank of Russia to provide data relating to transfers of funds between individuals to individuals, however, the aim is to find out what…
Digital Yuan: First Case of Money Laundering Reported in China
China has just recently launched its central bank digital currency, digital Yuan, and there are already reports that the Xinmi police has uncovered the first money laundering scheme involving the digital Yuan….
Former Chinese Bank President Talks About The Cryptocurrency Ban
China banned cryptocurrencies because it is not more suited to its traditional economic systems, a former government official has said. The ban on cryptocurrency in China has been met with varied reactions…
China’s Digital Yuan Set to be Tested by Beijing Winter Olympics
Cryptocurrency is currently a serious topic for significant economies of the world as several countries are rapidly developing digital assets for their national currencies and creating a means for the integration of…