
Davos 2020: WEF Calls for U.S. Digital Dollar to Tackle China’s Progress with Digital Yuan
The attendees of the WEF 2020 have actively discussed the concept of a digital dollar and the necessity to match up to China with its digital yuan.
The attendees of the WEF 2020 have actively discussed the concept of a digital dollar and the necessity to match up to China with its digital yuan.
As you may know, people in Europe like to do things slowly. This time, Great Britain is leaving the Eurozone for real, while the world’s eye pairs staring into scary Chinese videos.
Xerox is not going to give up its attempts to combine with HP. Now it’s planning to try to replace the HP board of directors at the company’s stockholder’s meeting in April.
Though today there are a lot of Tesla fans, consumer advocate and activist Ralph Nader believes that the recent Tesla stock price surge may cause a crash in the market.
The effects of the coronavirus in China are already being felt in the world’s financial markets. Conditions are predicted to worsen.
Tim Draper explained that Bitcoin is the future of money and the greatest beneficiaries will be millennials who invest in it on the top of their careers.
At the World Economic Forum in Davos, there were a lot of discussions of the role of digital assets and the U.S. dollar in the global economy. Facebook’s Libra has also influenced the direction of the talks.
On the recent podcast, Elon Musk has expressed his opinion about Bitcoin. Tesla CEO believes that there are limitations to Bitcoin’s use as a primary financial tool.
Bitcoin price is now rather far away from a recent high of $9,200. The U-turn has come after an impressive performance since the beginning of January.
Mastercard has partnered with SoFi, a digital personal finance company, in a program expected to benefit SoFi’s almost one million customers using their cash management accounts.
The Winklevoss twins-led exchange, Gemini, proved its mettle once again as it became the first exchange in the crypto space to pass the much respected Deloitte SOC 2 Type 2 security examination.
According to Vinnik’s lawyer Zoe Konstantopoulou, Alexander is at the hospital in Paris and the French authorities will try to question him tonight.
During an interview at the WEF 2020 event in Davos, Garlinghouse said that more crypto companies will plan to go for an IPO in 2020. The Ripple CEO is confident about the company’s position in the evolution of the payments industry.
These days after the new achievements of Tesla, there are a lot of talks that Elon Musk has all chances to become the first trillionaire in the world. But is it really so?
Despite a growing interest by global organizations and government institutions for the blockchain technology, the industry saw a drop in new funds raised. Ripple managed to steal the show with over $200 million raised in Series C funding.