Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief

China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says. A former governor of the People’s Bank of China (PBoC) has indicated that Beijing may delegate the issuance of digital currency to commercial entities, the Hong Kong-based South China Morning Post newspaper reported on July 11. Zhou Xiaochuan, […]

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‘Not Very Practical’ — Critics Say Political Crypto Donations a Marketing Ploy

Political commentators have seized the moment to probe the crypto political campaign donation trend in the United States. As one of only two crypto-accepting Democratic primary hopefuls withdraws his candidacy, political commentators have seized the moment to probe the crypto campaign donation trend. A report published by business media site Fast Company on July 10 […]

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