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Asian digital currency gets PBoC support
BEIJING: China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
Insight - Central bank digital cash spooking shadow economy to crypto
IF central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep deeper into the darkness.
The rocket rise of cryptocurrencies has central banks planning for bank-backed digital units
Responding to the recent rise of cryptocurrencies and dwindling global cash use, some central banks are announcing plans for bank-backed digital units.
China’s cryptocurrency stocks left behind in Bitcoin frenzy
As cryptocurrency mania pushed blockchain stocks to record breaking highs, China's equivalents are being left behind.
SC adds Red Fort Capital, Sykt Future Pelaburan, SAMKoin to alert list
KUALA LUMPUR: The Securities Commission has added more unauthorised websites, investment products and companies to its alert list among which are Red Fort Capital, Syarikat Future Pelaburan, SAMKoin and Xeraya-Capital.
Speculative traders add billions to ‘meme’ stocks at new records
IN A quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare.
Mastercard to allow some cryptocurrencies in digital asset boom
Mastercard Inc. will start allowing cardholders to transact in certain cryptocurrencies on its network, already partnered with cryptocurrency firms including Wirex and BitPay
Bitcoin holds Tesla gains as others weigh in
Mastercard, Twitter latest to embrace digital assets
Crypto joining the big leagues
Tesla boots the bitcoin bandwagon closer to corporate America
Bitcoin powers towards $50K as Tesla takes it mainstream
LONDON (Reuters) - Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
