There are indications that China’s being poised to be the number one major economy to issue a central bank digital currency is now a concern for the US government going by a Bloomberg report which says US officials are eager to know how the digital yuan would be distributed. Citing anony...
The Belt and Road Initiative (BRI) presents significant risks for U.S. economic, political, climate change, security, and health interests, the Council on Foreign Relations (CFR) has said in a new report. Among these risks are those stemming from China’s growing financial techno...
The President of the U.S. Chamber of Digital Commerce has highlighted reasons why she thinks the U.S. has to keep up in the digital currency space in the face of existential dominance threat from China. Perianne Boring, while talking about what the Chinese government is doing, not...
There have been talks of China’s digital yuan or digital currency electronic payment (DCEP) project aiming to challenge the US dollar dominance on the world stage but a senior fellow at the Peterson Institute for International Economics has said that the digital currency would have to c...
In an interview with NFX’s Morgan Beller, Ethereum’s Vitalik Buterin suggests that the conflict between the US and China could see Vietnam benefit more while also providing an opportunity for cryptocurrency to flourish. Based on his vast knowledge of the Asian region, Buterin ...
ConsenSys has partnered with China’s Blockchain-based Service Network (BSN) to make its Quorum open-source protocol layer for building Ethereum-based enterprise solutions more accessible for enterprises and government organizations in about 80 Chinese cities. Quorum provides the ent...
The U.S. has made its stance clear on the country's intention regarding the issuance of a central bank digital currency (CBDC): the world's largest economy is not in a race to issue a digital version of the U.S. dollar and will do it when deemed appropriate. The clarity was presented by th...
The euro would likely be overtaken by the Chinese digital yuan if the European Union does not create its own state digital currency by 2025, an independent non-profit European research institute focused on blockchain research, has predicted in a report examining the issue of central bank digit...
Bitmain has picked the largest digital asset mining operation in North America as its cooperative repair center in the region to service and repair Bitmain's machines using original parts which will seek to reduce the downtime typically involved with sending machines to China for repair. ...
China will be behind the U.S. and Western Europe this year in terms of spending on blockchain solutions, a new update by the International Data Corporation (IDC) Worldwide Blockchain Spending Guide has shown. The U.S. is expected to spend more than $1.6 bln to be the largest geogra...
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