Our Dystopian CBDC Future. Part 2

    Those looking forward to the emergence of central bank digital currencies in developed countries may be up for a very nasty surprise. The long-awaited CBDCs are likely to become one of the worst tools of mass surveillance. China is not joking around: the digital yuan, issued exclusively by the People’s Bank of China, is meant…

    Plans on turning Tokyo into Crypto-Powerhouse

    A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong. Speaking to Finders (via Yahoo Japan), Yuu Ito, a member of the Tokyo Metropolitan Assembly currently serving…

    Galaxy Digital will buy BitGo asset manager for $ 1.2 billion

    The completion of the transaction is scheduled for the fourth quarter of 2021. BitGo will receive $ 265 million in cash and the rest of the sum in the form of 33.8 million shares in Galaxy Digital. Galaxy Digital Holdings Ltd, one of the largest digital asset management companies, has announced plans to acquire BitGo,…