The PBOC: Bitcoin Cannot Become Fiat Money with the Lack of KYC and AML Regulations

Apr 27, 2017

On April 22, Huang Yusong, deputy secretary-general of Internet Finance Research Center of the PBOC, agreed at the first China Fintech 50 Forum that Bitcoin cannot become fiat money with the lack of KYC and AML regulations. Huang explained that digital currency includes cry...

Has Decentralization Become the Panacea?

Apr 26, 2017

Thanks to the growing popularity of Bitcoin and other virtual currencies, the word decentralization has become the latest fashion in almost all business sectors. If one thinks a startup will be a failure, he will simply put it:  " This is not decentralized." Decentralization enthusiasts boas...