The Chinese government is apparently easing its approach to cryptocurrencies, and there are rumors that it may reverse its proof-of-work mining ban. The Chinese real estate market is booming, and it is suggested that Chinese liquidity has been in charge of global markets for the last decade. Hong Kong is pushing for web 3 adoption,…

After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could create their own virtual money. Now, they’ve come up with a rough framework for how such a system could work. On Friday Oct. 9th, the Bank for International Settlements and seven…

as a new monetary system emerged? The year was 1971, which would irrevocably alter the course of global economics. As the dust settled on the tumultuous 60s, a new monetary system was taking shape, redefining how nations conducted business and forever changing the global economic landscape. In August of that year, U.S. President Richard Nixon…