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    United States

    Finance professionals predict US first to global digital currency

    China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’

    China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.

  • China's flag and bitcoin
    Asia & Australia,  Cryptocurrencies,  Libra

    Chinese central banker says digital yuan coming soon

    The central bank-issued digital currency will not be on a traditional blockchain and will not disrupt the existing financial system, according to the People’s Bank of China official

    The People’s Bank of China (PBOC) Deputy Director Mu Changchun said the bank’s “digital currency can now be said to be ready” at the China Finance 40 Forum in Yichun this weekend, according to Shanghai Securities News.

  • newspapers
    Bitcoin,  Ethereum,  Europe,  Innovators,  Litecoin,  Media,  Ripple

    Must-reads for September 4, 2018: The Mueller Bitcoin connection, un-Lady-like behavior, wasted crypto energy, and more

    Here are the crypto stories you should be watching today

    Bitcoin Suspect Could Shed Light on Russian Mueller Targets (Bloomberg) Remember the name Alexander Vinnik? He ran BTC-e, the cryptocurrency exchange that appeared all too willing to launder money for Bond villain-type characters. He was taken down by FinCEN, with the help of the IRS, and now sits in a Greek prison. Some of the bitcoins Vinnik allegedly helped launder belonged to a Russian hacking unit now under investigation by special counsel Robert Mueller. See? It’s all connected.   The baroness, the ICO fiasco, and enter Steve Wozniak (Financial Times) Michelle Mone, aka Baroness Mone, of Mayfair in the City of Westminster, OBE, sits in the British House of Lords…