Ledger seems to be working on Monero support

According to the GitHub, Ledger is working on the implementation of Monero cryptocurrency
05 September 2017   4840

Monero will be added to the listing of Ledger hardware wallet.

There wasn't any announcement thru Twitter of blog of Ledger, however, there is a GitHub page from LedgerHQ calledd blue-app-monero, according to which on Monday, September 4, the process of integration of Monero in Ledger and Blue Ledger Nano S has begun.

At the moment, only the architecture documentation is available, more precise terms of implementation will be determined later.

To date, these wallets, in addition to bitcoin, support a number of other crypto-currencies, including Ethereum, Ripple, Litecoin, Dash, Ethereum Classic, Zcash and Stratis.

Experts Ask China Don't be in Rush For Own Crypto

Ex deputy chairman of the Bank of China said the CB should take part in the development of international regulation of crypto assets firstly
27 January 2020   123

China should strengthen cooperation with other countries to regulate the cryptocurrency industry, and not accelerate the development of its own digital currency, experts say. It is reported by the South China Morning Post.

So, the former deputy chairman of the People’s Bank of China, Zhu Min, noted that the central bank, which is developing a digital yuan in many ways as Facebook’s Libra response, should first of all take part in the development of international regulation of such assets.

Ba Shusong, chief China economist for the Hong Kong stock exchange, also believes that monitoring digital currencies requires a system that is controlled from different angles, as they have the potential to change the global financial system.

You would need to first improve the regulatory framework for [financial] technology. There is a need for global cooperation for an alternative regulatory framework.

 

Ba Shusong

Chief China economist for the Hong Kong stock exchange

 

Many fear that the popularity of Libra could strengthen the dominant role of the US dollar. At the same time, Deutsche Bank analysts believe that the digital yuan will undermine the primacy of the dollar in the global financial market.

Hiromi Yamaoka, the ex-head of the Bank of Japan supervisor of payment and settlement systems, also emphasized that the upcoming launch of Libra has caused competition among central banks seeking to make their currencies and services more attractive.

Something like Libra would make transactions costs much cheaper. Major central banks need to appeal that they, too, are making efforts to make settlement more efficient with better use of digital technology.

 

Hiromi Yamaoka

Former head of the Bank of Japan’s (BOJ) division overseeing payment and settlement systems