Facebook’s Libra Appoints HSBC Legal Chief Stuart Levey as CEO

Stuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.  Facebook‘s …

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Starbucks, McDonald’s, Subway to Test China’s Central Bank Digital Currency

It is expected that 19 restaurants and retail shops will take part in trials of China’s central bank digital currency in the Xiong’An district. McDonald’s, …

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China’s Digital Currency Could Be Used at 2022 Winter Olympics

China’s digital currency is set to be used at the 2022 winter Olympics. This comes as testing of the currency has reportedly started in four …

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Bitcoin Price Positively Reacts to Asia Stocks Crash amid Coronavirus

Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. …

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Tencent Sets Eyes on Digital Currency Research Group

Tencent, the Chinese technology giant that operates the social media app WeChat, has announced that it is planning to develop a digital currency research group. …

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The Main Property of Cash is Anonymity, How about Stablecoins?

Cryptocurrency anarchists want to drag the cash to the Internet by saving the user’s ability to transact anonymously. The anarchists use cryptography for such purpose. …

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China’s Digital Currency Is at the Final Stage of Development

It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the …

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As China Looks to Become Leader in Blockchain, What’s Next for 2020?

Blockchain technology by most standards is still quite nascent. Regardless, there are already quite a few impressive applications of the technology, with constant efforts at …

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