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PayPal’s Unexpected UK Crypto Freeze
In response to the impending crypto travel rule, PayPal has placed a temporary hold on cryptocurrency transactions in the UK. This decision, set to last until the early months of 2024, has been influenced by the tightening grip of regulatory measures. The UK’s financial watchdog, the Financial Conduct Authority (FCA), has been at the forefront […]
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Digital Yuan Update: Bank of China drafts BNP Paribas to enhance Digital Yuan
BNP Paribas, a French banking leader, is joining forces with the Bank of China (BOC) to facilitate the use of China’s digital currency, the digital yuan (e-CNY), among its corporate clients, as reported by the South China Morning Post. This partnership is a signifiant milestone since China’s Central Bank spearheaded a pilot of the digital […]
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What is a Central Bank Digital Currency?
Imagine a world where digital currencies are not just an alternative to the traditional financial system, but a core part of it. Picture a reality where digital transactions are seamlessly integrated into your everyday life, and you can perform them with ease and security. This is the promise of Central Bank Digital Currencies (CBDCs), an […]
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China enters a new phase in the development of Digital Yuan
As China's DCEP, or Digital Yuan, enters a new phase of development, Lee Hills and Dan Thomas take an in-depth look at the project's progress
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DCEP: China’s crypto embrace will change the world
China’s relationship with cryptocurrency is not a straightforward story and the latest twist in the tale is the confirmed development of DCEP. SolutionsHub CEO Lee Hills takes a deep dive into China’s attitude to blockchain tech and explores how, with a state-backed token, the People’s Bank of China will change the world forever Cryptocurrencies are […]
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What is a stablecoin?
What is a stablecoin? SolutionsHub CEO Lee Hills explains what they are and how they work A stablecoin is simply a cryptocurrency designed to have limited value volatility. To achieve this they are ‘backed’ by an asset, or a basket of assets. For a long time, stablecoins have been considered as a coin-backed by a […]
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