Digital Currency

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There are already counterfeit wallets of China’s digital yuan

A central bank official’s comment offered an important reminder of the centralized nature of the digital yuan.

Bitcoin, bitcoin market capitalisation, Bitcoin vs gold, cryptocurrencies, Digital Currency, finance, gold, gold ETFs, Jamie Dimon, PayPal, Square Inc.

JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success

JP Morgan Sees Millennials' Bitcoin Preference Over Gold as Foundation for Its Long Term SuccessJP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference for bitcoin to gold sets up the crypto for […]

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IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract

IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at ContractThe U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions. The United States tax agency wants to obtain a solution to […]

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New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World

A new working paper by the Bank for International Settlements (BIS) looks at the state of central bank digital currency (CBDC) projects around the world. According to the study, as

The post New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.

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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center

Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed CenterChina’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […]

The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News.

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