Bitcoin
$47,546.60-1.06%
Ethereum
$3,575.22+1.12%
XRP
$1.10-2.20%
Cardano
$2.42-3.98%
Polkadot
$34.92-4.24%
Stellar
$0.329972-2.19%
Dogecoin
$0.239845-2.41%
Chainlink
$30.02-1.75%
Uniswap
$26.25+0.52%
Polygon
$1.39+1.29%
Litecoin
$186.41+0.82%
Bitcoin Cash
$639.25-1.73%
Algorand
$2.09+2.59%
Wrapped Bitcoin
$47,545.71-0.94%
Cosmos
$35.68+5.32%
Filecoin
$83.97-1.53%
The Graph
$0.863136-2.85%
Tron
$0.115658-3.42%
Ethereum Classic
$58.03-0.73%
Aave
$380.62-1.18%
Tezos
$6.71-4.42%
NEO
$50.69-2.70%
EOS
$5.04-1.02%
Monero
$264.56-1.60%
IOTA
$1.52-5.04%
BitTorrent
$0.004036-1.68%
Waves
$30.80+3.74%
Maker
$3,004.55+0.71%
Bitcoin SV
$157.36+0.77%
Dash
$208.52+1.21%
Decred
$140.10-3.01%
Decentraland
$0.844575-0.44%
ICON
$2.04-4.89%
NEM
$0.190025+0.18%
Zcash
$138.26+1.57%
Qtum
$12.76-0.89%
Yearn Finance
$35,014.80-5.74%
Bitcoin Gold
$68.10+0.34%
NuCypher
$0.326491-5.53%
OmiseGO
$8.70-1.76%
Basic Attention Token
$0.777084-1.85%
0x
$1.15+9.45%
Fetch.ai
$0.903978-4.90%
Paxos Standard
$0.999999+0.01%
Ren
$0.999605-3.40%
Band Protocol
$9.93+3.44%
Bancor
$4.18-1.84%
Siacoin
$0.019141-0.41%
Kava.io
$6.38-1.71%
Nano
$5.67-1.41%
Loopring
$0.472444-2.34%
Storj
$1.42-2.31%
Civic
$0.529408+1.37%
Lisk
$3.62-0.09%
Numeraire
$45.21+0.85%
Orchid
$0.379057-0.20%
PAX Gold
$1,764.57-2.05%
Augur
$26.30-1.39%
Aragon
$6.02-0.76%
Enzyme
$120.76-5.08%
district0x
$0.177943-4.32%
Kyber Network
$1.89+2.13%
SingularDTV
$0.001194-10.87%
Tether
$1.00-0.01%
USD Coin
$0.999976+0.01%
Dai
$1.00-0.00%

ANALYSIS: The Global Game of Coins Heats Up

A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.

Jan 10, 2020 at 8:00 p.m. UTC
Updated Sep 13, 2021 at 12:07 p.m. UTC

China’s digital currency project continues to move ahead aggressively, with a new paper from the People’s Bank of China suggesting that a core design is complete. Whatever stage of development the currency is actually in, it’s clear that China wants the world to see it as ahead of the curve in the digital currency race. 

In other parts of the world, crypto companies face a never-ending game of regulatory arbitrage. Deribit is moving from the Netherlands to Panama, citing a new burden from AMLD5 compliance. In the U.S., New York wants to give its crypto regulators (even) more teeth while Illinois recognizes the legality of blockchain-based contracts.

Topics Discussed:

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...