Kiffmeister’s #Fintech Daily Digest (12/27/2021)

Thai central bank to delay retail digital currency testing

Thailand’s central bank is delaying pilot testing its retail central bank digital currency (CBDC) until late 2022. It was previously planned for the second quarter of 2022. G+D had been selected to do the proof of concept work back in May 2021. [Read more]

Altcoins Rise, Bitcoin Dominance Sinks below 40%

Bitcoin has seen a sharp decline in its crypto market dominance during December’s correction. Although, it still leads the way in terms of market capitalization ($930 billion on December 26), its dominance has dropped from 70% at the end of December 2020 to below40%. During that period, Bitcoin’s market capitalization went up by 75%, versus total altcoins’ 526%. [Read more]

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