Blockchain and Cryptocurrency: People, Culture and Tech
China is creating a digital currency that can be used for day-to-day payments. Now a new report claims the People’s Bank of China is trying to initiate an anti-trust investigation against the two firms that dominate this space: Alipay and WeChat Pay.
The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?
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.
The G7 has finally released a major report on the potential impact of global stablecoins.
