sbi boss says that china is leading the cbdc race ahead of the usa and europe

SBI Boss Says that China Is Leading the CBDC Race – Ahead of the USA and Europe

SBI’s chief executive Yoshitaka Kitao. Source: ripple.comThe CEO of the Japanese financial heavyweight and crypto player SBI Holdings Yoshitaka Kitao has spoken out about central bank digital currencies (CBDCs) – and…

70 japanese companies form consortium to launch yen based digital currency

70 Japanese Companies Form Consortium to Launch Yen-based Digital Currency

In a bid to launch a new yen-based digital currency in 2022, about 70 Japanese companies have come together to form a consortium. The association which has some of the…

is evergrande defaulting is this the reason for chinas war against bitcoin

Is Evergrande Defaulting? Is This The Reason For China’s War Against Bitcoin?

The biggest property developer in China, Evergrande, seems to be on the verge of collapse. They apparently owe $300B. Is bankruptcy on the table? There’s a better question, though. Is…

why chinese banks are adding digital yuan to apps heres what you need to know

Why Chinese Banks Are Adding Digital Yuan To Apps? Here’s What You Need To Know

The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile…