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Top News In முகநூல் டீம் Today - Breaking & Trending Today

"I'm Not At All Excited": China's Digital Yuan Is Turning Into A Giant Flop

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

United States , Hong Kong , Vera Lin , Zhu Jun , Jan Chen , Francis Chan , Niall Ferguson , Zennon Kapron , Sharnie Wong , Patricia Chen , Zhou Xiaochuan , Templeton Hasenstab , Oliver Wyman , Facebook Diem , Ant Group , White House , Communist Party Dominated , Communist Party , Bloomberg Intelligence , Beijing Olympics , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , வேரா லின் , ஜு ஜூன் , ஜான் சென் , பிரான்சிஸ் சான் ,

Facebook plans to run digital currency in Switzerland

Facebook plans to run digital currency in Switzerland
Facebook’s Diem digital currency project is taking its operations to the U.S. and is partnering with a home bank to issue a stablecoin backed by the U.S. dollar, a major initial decline global perspective.
The project, which is supported by 26 companies and non-profit organizations, has left the application to the Swiss Financial Markets Supervisory Authority to act as a payment service and will instead apply for registration in the US Treasury as a service business.
The initiative was known as Libra, but was changed at the end of last year due to pressure global regulators concerned, in addition to threatening the stability of money and turning it into a money laundering site. ....

Stuart Levey , Facebook Diem , Swiss Financial Markets Supervisory Authority , San Francisco Based , ஸ்டூவர்ட் லெவி , முகநூல் டீம் , சுவிஸ் நிதி சந்தைகள் மேற்பார்வை அதிகாரம் , சான் பிரான்சிஸ்கோ அடிப்படையிலானது ,

Why Shares of Silvergate Capital Are Jumping Today

The crypto bank recently announced a big partnership with Facebook. ....

Facebook Diem , Facebook Libra , Silvergate Exchange Network , Diem Association , Silvergate Capital , முகநூல் டீம் , முகநூல் துலாம் , டீம் சங்கம் ,

Silvergate Capital Corporation to Issue Diem Stablecoin in the US

Silvergate Capital Corporation to Issue Diem Stablecoin in the US
Diem, formerly Libra, to issue a US dollar stablecoin in the US.
Silvergate is a Federal Reserve member bank and a provider of financial infrastructure solutions and services for the growing digital currency industry. Shares in Silvergate rocketed higher by over 17% in after-hours trading following the news.
As was previously reported, Diem, a Switzerland-based entity, has decided to pull its application with Swiss regulatory authorities to become a money payments operator.
Under the partnership, Silvergate Bank will become the exclusive issuer of the Diem USD stablecoin.
The Diam Association has also decided to move its primary operations from Switzerland to the United States. ....

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China's much-hyped digital yuan leaves early users underwhelmed

China’s much-hyped digital yuan leaves early users underwhelmed
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A sign for the digital yuan, also referred to as e-CNY, at a shopping mall in Shanghai | REUTERS
Bloomberg
May 10, 2021
As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has reached a fever pitch.
Historian Niall Ferguson is calling the digital yuan a potentially fatal challenge” to decades of American financial hegemony. Franklin Templeton’s Michael Hasenstab says it could undermine the dollar’s role as the world’s reserve currency. Joe Biden’s White House is studying the potential threat to U.S. interests. ....

United States , Hong Kong , Vera Lin , Zhu Jun , Jan Chen , Francis Chan , Niall Ferguson , Zennon Kapron , Franklin Templeton Michael Hasenstab , Sharnie Wong , Joe Biden White , Patricia Chen , Zhou Xiaochuan , Oliver Wyman , Li Bo , Facebook Diem , Ant Group Co , People Bank , Digital Currency Research Institute , Tencent Holdings Ltd , Michael Hasenstab , White House , Ant Group , Tencent Holdings , President Xi Jinping , Communist Party Dominated ,