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![What to expect from Avalanche's [AVAX] price action?](https://crypto-economy.com/wp-content/uploads/2021/10/robin-pierre-dPgPoiUIiXk-unsplash-e1634230843923-100x70.jpg "What to expect from Avalanche’s [AVAX] price action?")
PBoC May Soften Its Stance on Crypto Assets as It Calls Bitcoin an Investment...
It seems that China is now softening its stance on crypto assets as Li Bo, deputy governor of the People's Bank of China (PBOC), has called Bitcoin and other crypto-assets investment alternatives, not currencies.
20,000 Transactions during a Digital Yuan Trial Event
The Chinese conducted about 20,000 transactions of Digital Yuan, China’s new digital currency, on eCommerce platform JD.com on the Double 12 event on Friday during a real-world trial of Digital Yuan.
Swiss National Bank Completes CBDC Experiment With BIS
Switzerland's central bank (Swiss National Bank) has completed a Proof-of-Concept regarding the use of central bank digital currency (CBDC). In an experiment with the...
Lebanese Central Bank is Preparing to Launch a Digital Currency in 2021
Amid the financial chaos, Banque du Liban, the central bank of Lebanon, is preparing to launch a digital currency project in 2021 to restore confidence in banks and financial institutions.
UK To Research CBDC and Regulate Private Stablecoins
The United Kingdom has officially announced its interest in regulating private stablecoins and researching a Central Bank Digital Currency (CBDC). Yesterday on November 9,...
Winklevoss: New Stimulus Bill is a ‘code for buy Bitcoin’
Famous Crypto figure and Gemini co-founder Tyler Winklevoss greeted Jerome Powell's recent stimulus announcement, calling it a code for buying Bitcoin. Last night, the...
The PBoC Processed 4 Million Transactions With Digital Yuan
The People's Bank of China (PBoC) reached 4 million transactions so far with its digital yuan, reports Bloomberg. The digital yuan is a Central...
Russia on CBDC: First-Mover Advantage Brings Financial Instability
Today, an important Russian political figure revealed that the country does not seek to be the first one to launch a digital currency. The...
Chairman Says US Fed has not Made a Final Decision to Issue a CBDC
Jerome Powell, the chairman of the US Fed, the central bank of the US, says that a final decision about issuing a central bank...
Blockchain Could Boost Global GDP by $1.76 Trillion Over the Next Decade, Says PwC...
According to the latest report by PwC, a global network of different firms providing professional services to organizations and individuals, blockchain technology has the...
