Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.
Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift.
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.
As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon.
The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency.
China's central bank has formally issued a new plan to crack down on crypto businesses.