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Singapore Consults China on Central Bank Digital Currency
galaxy digital

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
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ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Whatsapp is Close to Launching Digital Payments in Indonesia
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Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.

Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption
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Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption

Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry
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China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended
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FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.

China to Launch Its Own Digital Currency Later This Year
galaxy digital

China to Launch Its Own Digital Currency Later This Year

In order to remain ahead in the global competition, China plans to launch its own digital currency known as Digital Currency Electronic Payment (DCEP). The digital currency will stimulate daily banking activities like deposits, payments, and withdrawals from the digital wallet. Crypto news website Coin Journal shows that the People’s Bank of China, China’s central bank has initiated the efforts to roll out its very own digital currency. It is an effort aimed at staying ahead among all the central banks worldwide as well as preserving financial sovereignty.

Billionaire Investor Mike Novogratz Buys Bitcoin at $56,500
galaxy digital

Billionaire Investor Mike Novogratz Buys Bitcoin at $56,500

Billionaire investor, Mike Novogratz has maintained his bullish title, reaffirming that he has bought even more Bitcoin (BTC) at an average price of $56,500 each.

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
galaxy digital

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.

Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance
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Japanese Lawmaker Urges Digital Yen Development to Curb China Dominance

Japanese Lawmaker, Kozo Yamamoto has called for the expedited development of Japan’s digital yen as the race to be the first nation with an operating central bank digital currency (CBDC) heats up.

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion
galaxy digital

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion

New data by digital asset firm Bloqport reveals that 25 publicly traded companies now hold a total of 178,855 Bitcoin on their balance sheets worth $9.6 billion.

Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor
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Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.

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