Tag: China

Fiat money in the digital form, issued by the central bank, is known as central bank digital currencies (CBDCs). Over 90% of central banks are pursuing or developing a CBDC. Major economies such as China, the EU, and the US have set a timeline to introduce CBDCs between 2025 and 2027. The introduction of CBDCs […]

Craig Steven Wright, a self-proclaimed inventor of Bitcoin, has been at the center of significant controversy. Despite his prolific patent submissions, Wright’s claim to be the mysterious Satoshi Nakamoto has been widely discredited. After losing his claim to be Satoshi Nakamoto, Wright was ordered by a UK court to pay over $1 million in legal […]

China, historically known as the birthplace of paper money, is piloting a new form of money with Central Bank Digital Currencies (CBDCs). China’s innovation in the financial sector has been around for a while. The country led the world in developing paper money during the Tang and Song dynasties (618–1279 AD). This innovation was later […]

The advent of stablecoin investment products is one of the most incredible developments at the junction of traditional finance and digital assets. The launch of stablecoins establishes a new paradigm shift in the banking industry by disrupting the traditional business model and impacting the financial customer experience. Financial firms can play a key role in […]

As 2023 comes to a close, the landscape of web3 jobs has undergone significant shifts. Bitcoin-mentioning jobs are down 95%, crypto jobs are cut by 90%, and blockchain jobs are cut by half. At a country level, Germany has seen the biggest fall from 1st to 9th place globally while losing 92% of the web3 […]