CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets Underway
Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to help you ponder the slew of problems ailing today’s global economy.
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.
Call it the biggest short in history. China took plenty of actions against cryptocurrencies in 2017, banning ICOs, shutting down domestic exchanges and all but taking a match to what was once one of the industry's largest and most thriving ecosystems. But if China is setting a course apart from the world, Yao Qian may be its biggest asset. The man in charge of rethinking bitcoin on behalf of the world's largest state isn't just empowered, he seems to know crypto inside and out.