"Advisors propose regional digital currency for China, Hong Kong, Korea, & Japan" May 23rd, 2020
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Show Notes
Today's blockchain and cryptocurrency headlines
Bitcoin is down slightly at 9,159
Ethereum is up 2% at $206
and XRP is down 1% at 20 cents
Top gainers in the last 24 hours:
Horizon up 20%
Ardor up 17%
and OmiseGo up 15%
Chinese political advisors have proposed a regional digital currency.
Louisiana is set to consider a bill to regulate and license virtual currency businesses.
JP Morgan is taking the stance that Central bank digital currencies could undermine the U.S. dollar's dominance
Links:
- Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries - CoinDesk
- Louisiana State Senate to Consider Crypto Business Licensing Bill - CoinDesk
- JPMorgan Says Central Bank Digital FX a Danger to U.S. Power - Bloomberg
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