CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
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Bitcoin too volatile to be adopted as legal tender, says BoE chief
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
Chinese retail giant JD accepts digital yuan payments for Singles Day
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021.
Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted…
UK FCA grants registration to crypto startup Crypterium
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says.
Crypto-to-fiat liquidity startup Xanpool raises $27M
XanPool positions itself as a “Uniswap-like” crypto-to-fiat AMM relying on the liquidity of its participants.
PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin
Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.”
Bitcoin briefly flippens Swiss franc after rally to new ATH
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla.
Russia aims to replace US dollar reserves with digital assets in long term
Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said.