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November 8, 2019

Holders of the Digital Yuan Will Not Be Paid Interest

Holders of the Digital Yuan Will Not Be Paid Interest

[ad_1] China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank pulled the curtain back slightly this […]

Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report

Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report

[ad_1] Malaysia is planning to impose a $6,000 limit on cash transactions in 2020, according to a deputy governor at the country’s central bank. The new restrictions aim to prevent the use of cash in illicit activities, and won’t affect regulated financial institutions or other entities transacting for humanitarian aid purposes. The average Malaysian household […]