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“# The US election seals China’s victory in digital currency supremacy ” The world is engaging in financial warfare, and China is winning. China’s digital yuan — also referred to as Digital Currency Electronic Payment, or DCEP — will soon be used around the world. The People’s Bank of China is one of the most…
“# IMF lawyers argue that central banks need reform before they can issue CBDCs ” On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications. In the paper, researchers including IMF legal counsel Wouter Bossu and Catalina Margulis argue that current frameworks are…
“# MyEtherWallet founder weighs in on the most crypto-friendly country ” With nations around the world each holding significantly different regulations, what is the most crypto-friendly country? Kosala Hemachandra, CEO and founder of MyEtherWallet, labeled the query as a tough one. “First we have to define what crypto-friendly means,” Hemachandra told Cointelegraph. “Some countries, like…
“#pledges by big polluters boost Paris hopes” BERLIN — The UN’s climate chief says deadlines set by some of the world’s top polluters to end greenhouse gas emissions, along with US President-elect Joe Biden’s pledge to take Washington back into the Paris accord, have boosted hopes of meeting the pact’s ambitious goals. The agreement signed…
“#Ex-Hong Kong opposition lawmakers arrested for disrupting meetings” Police arrested three former Hong Kong opposition lawmakers Wednesday for disrupting legislative meetings earlier this year, as China continues to dismantle the city’s guarantees of political autonomy. Eddie Chu, Raymond Chan and Ted Hui were each arrested by Hong Kong police on Wednesday morning for splashing pungent…
“#Israel-bashing at the WHO — in the middle of a pandemic” Last week the World Health Organization devoted four full hours of its annual assembly in Geneva to bashing Israel for supposedly violating the health rights of Palestinians. By a vote of 78 to 14, with 32 abstentions, the assembly resolved to hold the same…
“#British diplomat saves student from drowning in Chinese river” A British diplomat could be seen on a dramatic TikTok video saving a woman from drowning in a Chinese river on Saturday morning. Stephen Ellison, the consul-general in Chongqing, jumped into the river to rescue the 24-year-old college student, who slipped into the water and lost consciousness,…
“# $3 billion blockchain bond sale delayed ‘until further notice’ ” The listing of China Construction Bank’s blockchain-based debt issuance bonds has been delayed “at the request of the issuer” until further notice, according to a Nov. 13 statement from the Fusang exchange where they were due to be traded. A block-explorer scan of the…
“# Central bank digital currencies are dead in the water ” Mark my words: Governments and central banks will never care about your wealth and your privacy as much as you do. That reality is exactly why central bank digital currencies are dead in the water already. They say if you can’t beat them, join…
“# Big Macs for stacking Sats: Bad Crypto news of the week ” Bitcoin continues its bull run. The coin is up more than 12 percent over the last week and is now tickling $16,000. According to the Big Mac Index, a Bitcoin will now buy as many as 6,3421.26 of the giant burgers. It’s…