blank

Coronavirus outbreak could accelerate China’s digital currency issuance, says former central bank president

Coronavirus outbreak could accelerate China’s digital currency issuance, says former central bank president Efforts to combat the coronavirus could accelerate the Chinese central bank’s plans to issue a digital currency, according to a former president of the People’s Bank of China. In a February 16  interview with China Daily, Lihui Li argued that a digital

Paxos’ equity settlement business goes live with Credit Suisse and Nomura’s Instinet as first clients

Paxos’ equity settlement business goes live with Credit Suisse and Nomura’s Instinet as first clients Stablecoin issuer Paxos has officially ventured into the business of blockchain-based equity settlement. Announcing the news on Thursday, Paxos said Credit Suisse and Nomura’s Instinet are the first two firms to use its settlement service, which helps settle select U.S.