PBoC governor says digital yuan to be more privacy-enhanced than payment apps
During a virtual video session at the Bank of Finland Institute for Emerging Economies' 30th Anniversary Conference, People's Bank of China governor Yi Gang discussedrecent developments regarding the country's central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Yi specifically addressed the issue of privacy surrounding the Digital Yuan in the following statement, as translated by Cointelegraph:We are taking a high degree of focus on issues surrounding the...
PBoC governor says digital yuan to be more privacy-enhanced than payment apps
During a virtual video session at the Bank of Finland Institute for Emerging Economies' 30th Anniversary Conference, People's Bank of China governor Yi Gang discussedrecent developments regarding the country's central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Yi specifically addressed the issue of privacy surrounding the Digital Yuan in the following statement, as translated by Cointelegraph:We are taking a high degree of focus on issues surrounding the...
We simply make software which allows the individual or business to automate their buying and selling, and in return earn a fee
“Instead of crypto native LPs, our LPs range from traditional import-export businesses to money service operators, to crypto funds. This liquidity is essentially used to settle local currency and cryptocurrency transactions immediately from the individual’s or business’s wallet,” the CEO said. Liu stressed that Xanpool never touches money in individuals’ or businesses’ wallets. “We simply make software which allows the individual or business to automate their buying and selling, and in return...
We simply make software which allows the individual or business to automate their buying and selling, and in return earn a fee
“Instead of crypto native LPs, our LPs range from traditional import-export businesses to money service operators, to crypto funds. This liquidity is essentially used to settle local currency and cryptocurrency transactions immediately from the individual’s or business’s wallet,” the CEO said. Liu stressed that Xanpool never touches money in individuals’ or businesses’ wallets. “We simply make software which allows the individual or business to automate their buying and selling, and in return...
Crypto-to-fiat liquidity startup XanPool raises $27M
Cryptocurrency-to-fiat infrastructure provider XanPool continues expanding operations in the Asia-Pacific region by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, a venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included crypto-focused venture capital firm CMT Digital alongside angel investors such as TransferWise co-founder Taavet Hinrikus, XanPool announced Friday. Run...
Crypto-to-fiat liquidity startup XanPool raises $27M
Cryptocurrency-to-fiat infrastructure provider XanPool continues expanding operations in the Asia-Pacific region by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, a venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included crypto-focused venture capital firm CMT Digital alongside angel investors such as TransferWise co-founder Taavet Hinrikus, XanPool announced Friday. Run...
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare. Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as Ripple (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand (ALGO) and Stellar Lumens (XLM). In addition, Flare is also a decentralized oracle network that seeks to enable blo...
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare. Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as Ripple (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand (ALGO) and Stellar Lumens (XLM). In addition, Flare is also a decentralized oracle network that seeks to enable blo...
Asian Americans were the most likely
Asian Americans were the most likely by far (43%) to report knowing a lot about cryptocurrency. Only between 25% and 29% of all other ethnic groups reported being very knowledgeable about cryptocurrency. While crypto investment rates did not vary across income brackets, the rate of respondents claiming a high knowledge of crypto did increase in proportion to income here. Much like with crypto investment rates, there was a strong correlation between youth and being male when it came to self-re...
Asian Americans were the most likely
Asian Americans were the most likely by far (43%) to report knowing a lot about cryptocurrency. Only between 25% and 29% of all other ethnic groups reported being very knowledgeable about cryptocurrency. While crypto investment rates did not vary across income brackets, the rate of respondents claiming a high knowledge of crypto did increase in proportion to income here. Much like with crypto investment rates, there was a strong correlation between youth and being male when it came to self-re...
