Feud Between Alibaba and Alibabacoin Continues As Court Sides With Cryptocurrency Foundation

Feud Between Alibaba and Alibabacoin Continues As Court Sides With Cryptocurrency Foundation

A US District Court judge has rejected a complaint filed by the Chinese IT-giant Alibaba Group, intended to block the Dubai-based cryptocurrency firm Alibabacoin Foundation from using the Alibaba name. The judge ruled that this matter would not fall under US jurisdiction, as potential injury suffered by the alleged trademark infringement of Alibaba Group would … Continue reading Feud Between Alibaba and Alibabacoin Continues As Court Sides With Cryptocurrency Foundation

Screenshots of China’s Digital Yuan Supposedly Emerge

Screenshots of China’s Digital Yuan Supposedly Emerge

Reports of an upcoming Chinese CBDC, or ”digital yuan”, have been circulating for over a year. Now, however, it seems as if it might soon become reality. In fact, screenshots from a ”pilot version” of an official digital yuan wallet application are now making the rounds. Pictures of Chinese CBDC reportedly wallet leak These pictures … Continue reading Screenshots of China’s Digital Yuan Supposedly Emerge

Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

A fresh research report out of Deutsche Bank suggests that cryptocurrencies could replace cash by 2030. According to Deutsche Bank‘s research report, this development hinges on crypto becoming “substitute” to fiat currencies rather than a monetary “addition”. Deutsche Bank research paper speculates that crypto could kill cash This news came out in Deutsche Bank‘s recent … Continue reading Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

China Aims to Replace Cash with Two-Tiered Digital Currency, Says New Binance Report

A fresh research report from the major cryptocurrency exchange Binance speculates over details on China’s upcoming digital currency. Specifically, Binance suggests that the digital currency will most likely have a “two-tier” system. As such, this system could replace the fiat paper notes and coins currently in circulation. China’s digital currency will reportedly come with 1:1 … Continue reading China Aims to Replace Cash with Two-Tiered Digital Currency, Says New Binance Report