China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official – CCN Markets

China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official – CCN Markets

China’s state digital currency is coming. | Source: Shutterstock China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.Relaying the several key attributes of China’s new central bank digital currency (CBDC) Mu Changchun, deputy director of…

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Why KaratGold Coin (KBC) Is a Cryptocurrency That Investors Should Have on Their Watch List

Why KaratGold Coin (KBC) Is a Cryptocurrency That Investors Should Have on Their Watch List

From 2011 until 2018, Karatbars was concentrated on selling physical gold and gold-based products. Throughout the course of 2018, the company has developed and implemented cryptocurrency blockchain and innovative technologies such as a cryptophone (IMpulse K1 Phone), digital payment system (K-Merchant) and ATMs (CashGold Exchange Machines / CEMs)into the business.To make crypto payments even easier,…

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Erik Finman: My Cryptocurrency Will Kill Libra – and Replace Bitcoin

Erik Finman: My Cryptocurrency Will Kill Libra – and Replace Bitcoin

Crypto millionaire Erik Finman says bitcoin is being replaced by Facebook’s Libra. But he says his app Metal Pay is the “Libra killer.” | Source: Erik Finman/Twitter (i), Shutterstock (ii). Image Edited by CCN.By CCN Markets: Crypto millionaire Erik Finman says bitcoin “is being replaced” by Facebook’s Libra. But he insists that his cryptocurrency, Metal…

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Will China’s ‘Cryptocurrency’ Pump – or Pummel – Bitcoin?

Will China’s ‘Cryptocurrency’ Pump – or Pummel – Bitcoin?

China’s central bank is “close” to launching its own “cryptocurrency.” Will this historic moment pump bitcoin – or pummel it? | Source: REUTERS / Dado Ruvic / IllustrationChina’s long-fabled “cryptocurrency” launch is finally on the horizon.According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40…

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Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator

Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator

Facebook’s much ballyhooed cryptocurrency ‘GlobalCoin’ will end up paying interest to its adopters, a regulator has predicted. / AFP PHOTO / GERARD JULIENBy CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long.The social media company is gearing up to announce its…

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Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders

Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders

Little-Known Cryptocurrency Surges 80% While Bitcoin FloundersA little-known cryptocurrency based on a Japanese meme surged more than 80%, even as Bitcoin struggled to tread water and suffered a moderate setback. | Source: Shutterstock  By CCN: Monacoin bills itself as Japan’s first cryptocurrency, and it’s gained significantly during the recent bull market activity. The cat meme…

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