China Expands CBDC Pilot as Others Play Catch-Up

The Digital Yuan, also called e-CNY, became the first CBDC to be issued by a major economy after China launched its trial program in 2021.  China has recently announced an expansion of the pilot program into major cities such as Beijing, Tianjin, and Guangzhou.  Meanwhile, the West is still playing catch-up. Continue reading China Expands CBDC Pilot as Others Play Catch-Up

Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million

“Toronto’s FreshBooks has joined the ranks of Canada’s unicorns with a US$130 million funding round that the accounting and invoicing software startup plans to use to launch an acquisition-fuelled growth strategy. ” (FP)
Continue reading Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million