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In a video posted on X, Donald Trump announced that his World Liberty Financial crypto project would launch on Sept. 16.
Donald Trump’s crypto project World Liberty Financial will launch on Sept. 16, the former President and Republican presidential bidder announced.
In a Sept. 12 video posted on X, Trump said he would go live on the platform to launch the project controlled by his sons, Donald Jr. and Eric Trump.
“We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” he said.
The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.
The President of the Central Bank of the Republic of China, Yang Chin-long, said that developing a central bank digital currency (CBDC) is not a competition and that the central bank is focused on steady progress over speed.
Yang stated that being the first to introduce a CBDC does not guarantee success, as countries that have already issued or tested CBDCs have not seen the desired outcomes, according to a July 7 news report by UDN.
In a report released on June 7 before his presentation to the Finance Committee of the Legislative Yuan on Wednesday, June 10, Yang outlined the central bank’s plans for a digital New Taiwan dollar.
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.
Financial innovators are playing the long game with the United States Securities and Exchange Commission (SEC), and it’s only fair, according to Franklin Templeton head of digital assets Roger Bayston.
“The SEC, like a lot of regulatory bodies, likes to rely on legal precedents. […] Those precedents are being set in courts of law oftentimes, so this is just the process we’re engaged in,” Bayston told Cointelegraph’s Turner Wright at the Consensus event.
Despite frequent expressions of cynicism about the SEC’s “open door” policy, Bayston saw the agency’s behavior as safeguarding the economy and not insurmountable: