Located in Niche Domain Discussion, started by Woke Monkey, Jan 15, 2021
Mastercard and Island Pay Launch Worlds First CBDC Stable Token Linked Card
Central bank digi cash spooking shadow economy to crypto
‘economists think CBDCs should be issued only as digital tokens, aping banknotes in digital form but held privately in digital wallets much like cryptocurrencies are now.’
‘Investment Management strategists Alexander Villacampa and Jun Jiang reckon that while central banks now need CBDCs to wrestle control of monetary systems from the crypto world and Big Tech, a token is only logical way to go.’
Just snapped Cake / Token and Pancake / Token in king.
What should be the ideal BIN for these y'all?
The ECB Opinion on a proposal for a regulation on Markets in Crypto-assets (MiCA), and amending Directive (EU) 2019/1937 is now public.
Under the proposed regulation, crypto-assets, in particular the two sub-categories of ‘asset- referenced tokens’ and ‘e-money tokens’, have a clear monetary substitution dimension, having regard to the three functions of money as a medium of exchange, store of value and unit of account.
The definition of ‘asset-referenced token’ refers to the store of value function, while the definition of ‘e-money token’ refers to both the medium of exchange and store of value.
The proposed regulation emphasises the medium of exchange function of e-money tokens, noting that these are ‘intended primarily as a means of payment aimed at stabilising their value by referencing only one fiat currency’, and that ‘like electronic money, such crypto-assets are electronic surrogates for coins and banknotes and are used for making payments’
The Tokenization of Assets is Disrupting the Financial Industry.
Are you ready?
XRP, LTC, DOGE holders might soon be able to create ‘stable tokens’ on Flare
CPU Token / com
Plasma Token / com
Authorize Token / com
Kings of Leon to release new album as a non-fungible token
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