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Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

The Avanti Financial Group has recently become the second cryptocurrency company to get a banking license in the United States.

Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer

Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer

Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,

CoinMarketCap CSO, on DeFi for Fostering a More Open Economy

CoinMarketCap CSO, on DeFi for Fostering a More Open Economy

Following part one of our interview with Carylyne Chan, the Chief Strategy Officer at CoinMarketCap, she elaborated on seizing market opportunities in decentralized finance (DeFi) with a new product, Interest by CoinMarketCap. She also outlined the potential effects of staking regarding CMC’s operations and plans for 2020.

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.

The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner

The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner

According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.

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