As China’s digital yuan takes the global stage at the winter Olympics, a top cryptocurrency executive believes the U.S. is actually ahead in the worldwide digital currency game. Recently, the Federal Reserve has unveiled its thinking about how a central bank digital coin might operate, without taking any firm stance on the topic. Only 2 countries, Nigeria and the Bahamas, have functional CBDCs, while a few other economies are moving toward pilots this year. However, Circle CEO Jeremy Allaire… Source link
Read More »bne IntelliNews – Kazakhstan: Russia’s Yandex taxi in court trouble as China’s Didi circles
The ride-hailing arm of Russian technology company Yandex is facing an existential threat to its business in Kazakhstan. And a tough Chinese peer is ready to pounce. Yandex.Taxi is currently appealing a court ruling handed down on May 19 stating that it violated a patent held by a private Kazakh company called G-Taxi. If the company is unable to overturn the verdict, Yandex.Taxi will no longer be able to operate… Source link
Read More »bne IntelliNews – Kazakhstan: Russia’s Yandex taxi in court trouble as China’s Didi circles
The ride-hailing arm of Russian technology company Yandex is facing an existential threat to its business in Kazakhstan. And a tough Chinese peer is ready to pounce. Yandex.Taxi is currently appealing a court ruling handed down on May 19 stating that it violated a patent held by a private Kazakh company called G-Taxi. If the company is unable to overturn the verdict, Yandex.Taxi will no longer be able to operate… Source link
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