CBDC and communism: why China was the first of economic giants to launch its own digital currency

    Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…

    Ukraine creates its own CBDC base

    Though there is still no final decision on launching state digital currency, even with all the necessary legislation, a model project and a seemingly an already determined blockchain. On June 30, Ukrainian parliament, the Verkhovna Rada of Ukraine, on second reading passed the law “On Payment Services”, which, among other things, spelled out the general…

    Consumers and cryptocurrencies: how can understanding be reached?

    In 2017, during the first real crypto boom, it seemed we were on the verge of mass acceptance of cryptocurrencies and their widespread use as a payment means would begin. But this has not happened yet – although there has of course been some progress. What else needs to be done? A question I hear…

    CBDC and communism: why China was the first of economic giants to launch its own digital currency

    Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…

    States vs Binance: what’s going on?

    A wave of attacks by financial regulators from different countries on the largest crypto exchange, Binance, has swept the world. Although they began in early spring, the most serious incidents occurred over the last few days and weeks. From the outside, it looks as if the actions are coordinated, although that is yet impossible to…

    DeFi becomes a controversial issue for regulators

    Decentralized finance (DeFi) has at this point become such a significant part of the crypto world that it simply can no longer avoid the attention of various regulatory bodies. On the other hand, government regulators still cannot even deal with conventional cryptocurrencies. And since DeFi is much more difficult to figure out, it would be…