Chinese banks explore e-yuan for selling investment funds and insurance
[ad_1] Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online. The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction...
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FBI joins Mirror Trading probe in Africa to help recover US investor funds
[ad_1] Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal Bureau of Investigation (FBI). MTI, which went into provisional liquidation in December 2020, claimed to have over 260,000...
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Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes
[ad_1] Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses: what duties the New York City Controller performs how Reshma thinks crypto and blockchain...
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