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CBDCs are coming. Privately created stablecoins need to come faster

Monetary authorities are finally taking crypto seriously – perhaps too seriously.The idea of fiat currency is something of a historical anomaly. Around 5,000 years ago, shiny metals became a store of value for goods and services. Those were soon fabricated into standardized tokens, becoming media of exchange. It wasn’t for another 2,000 years, though, that anyone engraved the … [Read more...] about CBDCs are coming. Privately created stablecoins need to come faster

Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

The Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative. According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in a partnership with private entities, which “would be the digital equivalent of today’s notes and … [Read more...] about Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

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Recent Posts

  • The Latest lolMiner 1.66 Adds support for NEXA Mining as Well
  • The NEXA Crypto Project is Attracting the Attention of more Crypto Miners
  • The Rigel Nvidia GPU Miner Has Introduced Support for NEXA Mining
  • Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform
  • WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee

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ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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