Taiwan Financial News
12.07 / 20:49
12.07 / 15:33
29.06 / 20:33
Blockchain
Technology
CBDC
Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight
As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, Governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country's central bank digital currency, or CBDC, pilot. In explaining the decision, Yang said that a CBDC where interest is paid on digital asset deposits would likely become a replacement for fiat New Taiwan Dollar (NT$) deposits in banks. "Once the banks' available deposits decrease," Yang explained, "it would lead to a corresponding increase in the cost of financing and thereby increase the cost of borrowing for consumers."
27.06 / 10:11
COST
BLOCK
Reuters
Russia on the brink of historic debt default as payment period expires
Russia could be entering its first major foreign debt default for over a century, after a grace period on two international bond payments lapsed on Sunday night.
27.06 / 09:29
LGBT
Protest
G7
Fears of first Russian debt default for a century as interest payments deadline missed
Russia has reportedly missed a Sunday night deadline to pay interest payments, raising the prospect that it might default on its foreign debt for the first time since the 1917 Bolshevik Revolution.
17.06 / 00:21
Blockchain
Technology
defi
crimes
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality Jeff Huang, also known as Machi Big Brother, of misconduct in 10 different cryptocurrency projects. Machi Big Brother is known outside of Taiwan as an avid collector of Bored Ape Yacht Club nonfungible tokens (NFTs) and possessed a collection worth an estimated $8.26 million at the peak of the crypto bull market last year.
13.06 / 10:45
Strategy
Biden is 'paying lip service' to the U.S. position on Taiwan, former Chinese army officer says
BEIJING — There is an increasing wariness of U.S. claims to recognize Beijing as the sole legal government of China, a retired officer of the People's Liberation Army told CNBC on Monday.
10.06 / 23:03
Blockchain
Stablecoin
Usd Coin
Stablecoin adoption
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
Circle, a peer-to-peer financial services firm, has agreed to acquire Cybavo, a digital asset infrastructure platform. The deal will allow Circle to provide "infrastructure as a service" for firms wanting to develop on Web3.
10.06 / 16:31
UPS
MET
Progressive
Swiss
U.S. Scrutinizing Swiss Currency Practices
WASHINGTON—The Treasury Department is scrutinizing Switzerland’s currency practices, stepping up talks over the valuation of the Swiss franc while at the same time reporting progress in engagement with Taiwan and Vietnam over their foreign-exchange policies.
01.06 / 19:19
Digital
Enterprise
boost
U.S. Launches Initiatives to Boost Economic Ties With Taiwan
WASHINGTON—The Biden administration is forging closer economic ties with Taiwan in areas including trade, supply chains and technology-export controls, amid growing tensions with China.
31.05 / 13:07
Blockchain
BLOCK
Google
Discover
Taiwan is Most Interested in NFTs, Says NFT Club Research
Taiwan is where people are the most interested in non-fungible tokens (NFTs), according to research conducted by NFT Club.
30.05 / 13:17
Blockchain
Provident
Digital
Platform
Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
One of Asia's largest non-fungible tokens (NFTs) exhibitions titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.
23.05 / 11:45
US would intervene with military to defend Taiwan, says President Biden
President Joe Biden said Monday that the US would intervene militarily if China were to invade Taiwan, adding that the burden to protect Taiwan is "even stronger' following Russia's invasion of Ukraine.
21.05 / 13:35
European Union
NATO
Russia cuts gas supplies to Finland for 'refusing to pay in roubles'
Russian energy giant Gazprom said on Saturday it had suspended all gas deliveries to Finland after Helsinki refused to pay in roubles.
17.05 / 13:21
Blockchain
Hackers
regulation
US agencies warn against the influx of North Koreans in IT and crypto jobs online
The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers in various freelance tech jobs, especially in the crypto industry
13.05 / 15:13
Adoption
Europe
European Union
Euro
digital euro
AIM
NOT
Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, there are still many questions surrounding the prospective digital currency. In what form could it be issued? Is the ECB too late to the CBDC party, especially compared to other central banks such as that of the People’s Republic of China? To address these and other questions, Cointelegraph auf Deutsch spoke with Jonas Gross, chairman of the Digital Euro Association (DEA) and member of the expert panel of the European Blockchain Observatory and Forum.
06.05 / 16:41
cryptocurrency
DAO
CRYPTONEWS
YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
03.05 / 17:07
Blockchain
Twitter
Platform
Pool
copper
YGG SEA Announces the $SEA Token IDO Public Sale on Copper
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
28.04 / 23:59
Blockchain
UPS
CEO
YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE Asia
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
26.04 / 17:33
Blockchain
Digital
Infinity
Poloniex
boost
play
YGG SEA Secures USD 15 Million from Marquee Investors to Boost Play-to-Earn Gaming in Southeast Asia
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
26.04 / 14:49
cryptocurrency
Citizens
cryptocurrency news
Bitcoin
Switzerland Is Home To The World’s Most Profitable Bitcoin Traders: Invezz Study
A survey showed that Switzerland presently had the most profitable Bitcoin traders in the world
breaking news about Taiwan
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