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Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

The People’s Bank of China’s much-anticipated digital currency may allow fund transfers without needing a bank account, according to Binance Research. Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC).Loose coupling and anonymityBinance Research shared its […]

Blockchain Circle cryptocurrencies Fiat Money Jeremy Allaire Tokens Yuan

Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

Circle’s CEO said that his company has long held that sovereign currencies will be tokenized, and that global money tokens are on the horizon. Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on […]