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China's Ride-Hailing Giant Didi to Test Beijing's New Digital Currency They have said the new currency would replace part of the nation's monetary base—cash in circulation—and wouldn't replace money supply, such as ...
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As inflation jumps, Turkey faces the prospect of another currency crisis With rapidly shrinking foreign reserves to prop up the currency, inflation and currency devaluation are showing no signs of a turnaround, analysts say.
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'The idea sounds relatively ludicrous'...Why currency analysts don't believe Trump administration ... An apparent trial balloon is coming under heavy fire. Currency analysts and economists appeared downright skeptical Wednesday that U.S. officials ...
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Libra Hasn't Abandoned Multi-Currency Stablecoin: Policy Director Libra's original vision in 2019 had been to release one multi-currency stablecoin backed by a basket of up to 30 fiat currencies. This was hit with ...
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Why currency traders don't believe Trump administration will pursue a proposal to break Hong ... A proposal reportedly under consideration by U.S. officials that would take aim at the Hong Kong dollar's peg to the U.S. currency is being met with ...
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Didi partners with China's central bank on digital currency research and development ... of China to speed up the research and development of the central bank's planned digital currency – known as Digital Currency Electronic Payment ...
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Japan's Daido Life trials blockchain-based digital currency The trial involves 100 Daido Life employees who will hold the currency in a digital wallet, use the money to buy items and potentially receive coins based ...
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Retailers, workers in Zimbabwe reject local currency as economy re-dollarizes However, over the past months, the newly introduced currency has been rapidly depreciating against the U.S. dollar. Year-on-year inflation rate for the ...
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OFX Group rolls out multi-currency account for businesses Businesses can now pay, get paid and hold balances in their own unique local accounts in up to seven currencies – EUR, GBP, AUD, HKD, SGD, CAD, ...
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China's Uber, Didi, to Trial PBoC's Central Bank Digital Currency Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency (CBDC) on its ...
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