Tag Archives: blockchain

Is the People’s Bank of China Preparing to Issue its Own Digital Currency?

On August 31, 2017 the Financial Times reported how Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, and State Street have joined forced to work on the “utility settlement coin”, a digital coin that will make transactions on the financial market more efficient. The utility settlement coin, however, would become obsolete if central…

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