Not much has been said about China's proposed national stablecoin for the past year--will it happen?
FM
If you’ve been paying attention to what’s been happening in the cryptocurrency world in China over the last two years, the idea of the country creating its own stablecoin may be a little… well, unlikely.
However, the country was actually the world’s first to develop a national cryptocurrency. Since the initiative began, however, the effort appears to have gotten a little lost along the way.
Or has it?
China’s Moves Toward a Stablecoin
Once upon a time, China was at the forefront of the world’s cryptocurrency-related activity. Chinese residents were estimated to have been responsible for three-quarters of hashing power on the Bitcoin network and 95 percent of all Bitcoin trading volume.
All of this started to change near the end of 2017, just before the massive boom in cryptocurrency markets. The country suddenly rolled out a sweeping set of harsh bans on cryptocurrencies. By the end of the year, domestic ICOs and exchanges were declared illegal; throughout 2018, miners in various regions of China faced pressure to end their operations.
Indeed, the Chinese government seemed to see Bitcoin and other cryptocurrencies as a serious threat to its economy. Hacker Noon reported that “Chinese economic initiatives including One Belt One Road are highly dependent upon them retaining and increasing their influence over the international flow of money” - therefore, restricting something like cryptocurrency from weakening its own system may have seemed imperative to the country’s regulators.
Throughout the various stages of regulatory pressure and hostility from the Chinese government against cryptocurrency, however, the Chinese blockchain industry continued to grow and to thrive. Indeed, President Xi Jinping himself mentioned blockchain technology in a speech in May 2018 on the importance of technological development.
The same month, the China Center for Information Industry Development (CCID) Research Insitute of the Ministry of Information and Technology launched the first-ever public blockchain assessment index and announced the setup of a national set of standards for blockchain. The standards are expected to be completed by the end of this year.
“Of course, the popularity of Bitcoin helped in terms of people understanding what blockchain is. In terms of technology, China is actually very welcoming in terms of how these things are being applied."
Further, “from the government itself to local provinces, down to new startup companies–pretty much anything you can think of, they have already thought about or are already in the process of developing blockchain technology to be applied in those areas.”
One of the initiatives that he spoke about was China’s proposed national cryptocurrency.
China’s National Cryptocurrency Plans Were Originally Made Public in 2017
It’s not a secret by any means that the country has been developing and testing a national cryptocurrency for some time.
In fact, reports that China was the first country in the world to create its own stablecoin appeared in the media as far back as June of 2017, when the country’s central bank, the People’s Bank of China (PBOC) reportedly developed a prototype of a national coin and tested it by sending it between commercial Chinese banks.
(Quick TL;DR: a stablecoin is a cryptocurrency that has been designed to maintain a stable value. Most commonly, this is accomplished through contractually ‘tying’ or ‘pegging’ a coin to a certain amount of fiat currency--for example, 1 unit of stablecoin for 1 yuan or 1 USD.)
We need some nomenclature for "stablecoins." Tether and MakerDAO are nothing alike.
*Peggedcoin*: A fiat-backed, fully-collateralized coin.
*Stablecoin*: A cryptoasset whose value is stabilized through algorithmic mechanisms
Other suggestions are welcome.
— Emin Gün Sirer (@el33th4xor) October 1, 2018
As the year progressed, the pressure to complete and issue the coin seemed to grow. “The development of digital economy needs central bank-issued electronic currency more than ever,” said Yao Qian, who leads research of the national cryptocurrency at PBOC, in November 2017. “It’s crucial to speed up the research and issuance.”
The Project Has Gone Nowhere
Where exactly that sense of urgency went, however, is unclear. Almost nothing has been publicly said about the possibility of national stablecoin since the end of 2017--in December of 2018, an independent researcher at PBOC published a report entitled “A Brief Analysis of Stablecoins,” which said that in the future, a national economy that will be able to compete with the rise of private stablecoins “will likely be eventually achieved by a central bank-issued fiat digital currency.”
This small piece of news may have been what spurred OKCoin Founder Star Xu to announce in October that the USA branch his company would be issuing a Yuan-backed stablecoin.
Embracing the tide of technology, the launch of a #CNY backed #stablecoin is an inevitable trend, and it will significantly improve the internationalization of the RMB. OKCoin USA will launch a fully compliant stablecoin.
There has been at least one other initiative to create a stablecoin within China. LeapRate reported in early December of 2018 that Chinese company Grand Shores Technology Group is developing a stablecoin that is expected to hit the markets in February. According to the report, the company is backed by the Chinese government of Hangzhou, the capital of the Zhejiang Province.
However, the report also said that “the digital currency is going to be pegged to the Japanese yen, rather than the Chinese yuan, and the reason for that may be the potential reaction of the Chinese central government on a locally-issued stablecoin.”
So, that effort may be a bust. However, it is certainly possible that a blockchain company could eventually lobby the Chinese government to use its own network as a basis for a national cryptocurrency.
Filipp Egorov of PR Firm the Vinci Agency told Finance Magnates that “Being a Shanghai-based company, we do often have these backroom conversations with the fund runners and government-approved blockchain projects in China.”
Filipp Egorov
“The most likely scenario (in 2018 at least) was China lobbying NEO as the ‘national’ cryptocurrency. There is a strong NEO lobby in Chinese government, looking for an enforcement-backed ecosystem, isolated, transparent to the states, regulated, KYC/AML compliant, - and a stronger one aiming at further prohibition of any crypto-related activities,” he explained.
However, Egorov sees a national cryptocurrency as unlikely to happen anytime soon. “Speaking of national stablecoin, this is unlikely to happen in the foreseeable future at least, China's view on the crypto-assets is simple: you guys are fascinated by this fintech new paradigm sandbox of yours - please, keep on going, but stay in the sandbox, no connection to the ‘real-world’ money allowed. And they are still very clear on it.”
Why National Cryptocurrencies?
Despite China’s apparent lack of progress on its own national cryptocurrency project, a growing number of countries have since followed in China’s footsteps and developed initiatives to create national cryptocurrencies of their own, though none of the initiatives have been seen through to completion so far (unless you count the Venezuelan Petro--which is problematic for a number of reasons.)
The potential benefits of creating a national cryptocoin are many. For example, the cost of electronic transactions would be reduced and could benefit the country as a whole rather than a private company.
Imagine: instead of using a debit card issued by Visa or Mastercard, a state- or bank-backed card could be used to pay with cryptocurrency. In the most idyllic vision of this reality, any fees associated with the transaction could go into funds that would benefit a country’s residents.
A National Cryptocurrency Could Offer a Number of Benefits--Including Control
A national cryptocurrency could also lower the barrier of entry for residents in need of financial services, like banking--low-cost e-banking options are highly accessible with cryptocurrencies. In turn, this could facilitate economic growth from the bottom up.
Some analysts have predicted that a national cryptocurrency might be particularly appealing to an entity like the Chinese government because of the possibilities to control and monitor its usage. Depending on the way that a blockchain is built, users of the network could have personal identification information attached to each and every transaction that they make with their cryptocurrency.
Indeed, PBOC researcher Yao Qian said to the South China Morning Post in 2017 that “Virtual currency is easier to trace, allowing the central bank to monitor its velocity and the whereabouts of the money and improve its monetary policies accordingly.”
Of course, this has some consequences that most people would agree are beneficial--it would be virtually impossible to counterfeit cryptocurrency, and financial crimes like money laundering would be greatly reduced.
Further, blockchain networks are incredibly secure--they are most commonly upheld by thousands of computers (nodes) spread across wide geographic locations. Therefore, altering or hacking a blockchain would require the compromise of more than 51 percent of the nodes on a network. This is highly unlikely--although the question of how exactly the nodes on a government-backed crypto network would be selected is still up in the air.
A National Cryptocurrency is Not Likely to Bring Back Bitcoin or ICOs to China
Perhaps because the Chinese government’s interest in developing a national cryptocurrency seems to be driven (at least in part) by the desire to monitor and control, it’s unlikely that the launch of a national cryptocurrency would re-open the doors to the rest of the cryptocurrency world. In other words, the launch of a national cryptocurrency in China is unlikely to bring Bitcoin or ICOs back to the country.
Desmond Marshall told Finance Magnates last year that the PBOC’s effort to develop a national cryptocurrency “specifically did not talk about trading, like crypto exchange trading, cryptocurrency exchanges. [They didn’t make mention of ] speculations as well.”
Further, it’s unclear whether a Chinese national cryptocurrency would be open to foreign buyers to purchase or hold. Opening the coin to foreign buyers could potentially bring a wave of new investors into the Chinese economy. However, it could make regulation more difficult.
In any case, the world is watching. Has China’s initiative to build a national cryptocurrency quietly been put to the wayside? Perhaps.
But with a blockchain community as strong as China’s, some kind of infrastructure may eventually be a necessity.
If you’ve been paying attention to what’s been happening in the cryptocurrency world in China over the last two years, the idea of the country creating its own stablecoin may be a little… well, unlikely.
However, the country was actually the world’s first to develop a national cryptocurrency. Since the initiative began, however, the effort appears to have gotten a little lost along the way.
Or has it?
China’s Moves Toward a Stablecoin
Once upon a time, China was at the forefront of the world’s cryptocurrency-related activity. Chinese residents were estimated to have been responsible for three-quarters of hashing power on the Bitcoin network and 95 percent of all Bitcoin trading volume.
All of this started to change near the end of 2017, just before the massive boom in cryptocurrency markets. The country suddenly rolled out a sweeping set of harsh bans on cryptocurrencies. By the end of the year, domestic ICOs and exchanges were declared illegal; throughout 2018, miners in various regions of China faced pressure to end their operations.
Indeed, the Chinese government seemed to see Bitcoin and other cryptocurrencies as a serious threat to its economy. Hacker Noon reported that “Chinese economic initiatives including One Belt One Road are highly dependent upon them retaining and increasing their influence over the international flow of money” - therefore, restricting something like cryptocurrency from weakening its own system may have seemed imperative to the country’s regulators.
Throughout the various stages of regulatory pressure and hostility from the Chinese government against cryptocurrency, however, the Chinese blockchain industry continued to grow and to thrive. Indeed, President Xi Jinping himself mentioned blockchain technology in a speech in May 2018 on the importance of technological development.
The same month, the China Center for Information Industry Development (CCID) Research Insitute of the Ministry of Information and Technology launched the first-ever public blockchain assessment index and announced the setup of a national set of standards for blockchain. The standards are expected to be completed by the end of this year.
“Of course, the popularity of Bitcoin helped in terms of people understanding what blockchain is. In terms of technology, China is actually very welcoming in terms of how these things are being applied."
Further, “from the government itself to local provinces, down to new startup companies–pretty much anything you can think of, they have already thought about or are already in the process of developing blockchain technology to be applied in those areas.”
One of the initiatives that he spoke about was China’s proposed national cryptocurrency.
China’s National Cryptocurrency Plans Were Originally Made Public in 2017
It’s not a secret by any means that the country has been developing and testing a national cryptocurrency for some time.
In fact, reports that China was the first country in the world to create its own stablecoin appeared in the media as far back as June of 2017, when the country’s central bank, the People’s Bank of China (PBOC) reportedly developed a prototype of a national coin and tested it by sending it between commercial Chinese banks.
(Quick TL;DR: a stablecoin is a cryptocurrency that has been designed to maintain a stable value. Most commonly, this is accomplished through contractually ‘tying’ or ‘pegging’ a coin to a certain amount of fiat currency--for example, 1 unit of stablecoin for 1 yuan or 1 USD.)
We need some nomenclature for "stablecoins." Tether and MakerDAO are nothing alike.
*Peggedcoin*: A fiat-backed, fully-collateralized coin.
*Stablecoin*: A cryptoasset whose value is stabilized through algorithmic mechanisms
Other suggestions are welcome.
— Emin Gün Sirer (@el33th4xor) October 1, 2018
As the year progressed, the pressure to complete and issue the coin seemed to grow. “The development of digital economy needs central bank-issued electronic currency more than ever,” said Yao Qian, who leads research of the national cryptocurrency at PBOC, in November 2017. “It’s crucial to speed up the research and issuance.”
The Project Has Gone Nowhere
Where exactly that sense of urgency went, however, is unclear. Almost nothing has been publicly said about the possibility of national stablecoin since the end of 2017--in December of 2018, an independent researcher at PBOC published a report entitled “A Brief Analysis of Stablecoins,” which said that in the future, a national economy that will be able to compete with the rise of private stablecoins “will likely be eventually achieved by a central bank-issued fiat digital currency.”
This small piece of news may have been what spurred OKCoin Founder Star Xu to announce in October that the USA branch his company would be issuing a Yuan-backed stablecoin.
Embracing the tide of technology, the launch of a #CNY backed #stablecoin is an inevitable trend, and it will significantly improve the internationalization of the RMB. OKCoin USA will launch a fully compliant stablecoin.
There has been at least one other initiative to create a stablecoin within China. LeapRate reported in early December of 2018 that Chinese company Grand Shores Technology Group is developing a stablecoin that is expected to hit the markets in February. According to the report, the company is backed by the Chinese government of Hangzhou, the capital of the Zhejiang Province.
However, the report also said that “the digital currency is going to be pegged to the Japanese yen, rather than the Chinese yuan, and the reason for that may be the potential reaction of the Chinese central government on a locally-issued stablecoin.”
So, that effort may be a bust. However, it is certainly possible that a blockchain company could eventually lobby the Chinese government to use its own network as a basis for a national cryptocurrency.
Filipp Egorov of PR Firm the Vinci Agency told Finance Magnates that “Being a Shanghai-based company, we do often have these backroom conversations with the fund runners and government-approved blockchain projects in China.”
Filipp Egorov
“The most likely scenario (in 2018 at least) was China lobbying NEO as the ‘national’ cryptocurrency. There is a strong NEO lobby in Chinese government, looking for an enforcement-backed ecosystem, isolated, transparent to the states, regulated, KYC/AML compliant, - and a stronger one aiming at further prohibition of any crypto-related activities,” he explained.
However, Egorov sees a national cryptocurrency as unlikely to happen anytime soon. “Speaking of national stablecoin, this is unlikely to happen in the foreseeable future at least, China's view on the crypto-assets is simple: you guys are fascinated by this fintech new paradigm sandbox of yours - please, keep on going, but stay in the sandbox, no connection to the ‘real-world’ money allowed. And they are still very clear on it.”
Why National Cryptocurrencies?
Despite China’s apparent lack of progress on its own national cryptocurrency project, a growing number of countries have since followed in China’s footsteps and developed initiatives to create national cryptocurrencies of their own, though none of the initiatives have been seen through to completion so far (unless you count the Venezuelan Petro--which is problematic for a number of reasons.)
The potential benefits of creating a national cryptocoin are many. For example, the cost of electronic transactions would be reduced and could benefit the country as a whole rather than a private company.
Imagine: instead of using a debit card issued by Visa or Mastercard, a state- or bank-backed card could be used to pay with cryptocurrency. In the most idyllic vision of this reality, any fees associated with the transaction could go into funds that would benefit a country’s residents.
A National Cryptocurrency Could Offer a Number of Benefits--Including Control
A national cryptocurrency could also lower the barrier of entry for residents in need of financial services, like banking--low-cost e-banking options are highly accessible with cryptocurrencies. In turn, this could facilitate economic growth from the bottom up.
Some analysts have predicted that a national cryptocurrency might be particularly appealing to an entity like the Chinese government because of the possibilities to control and monitor its usage. Depending on the way that a blockchain is built, users of the network could have personal identification information attached to each and every transaction that they make with their cryptocurrency.
Indeed, PBOC researcher Yao Qian said to the South China Morning Post in 2017 that “Virtual currency is easier to trace, allowing the central bank to monitor its velocity and the whereabouts of the money and improve its monetary policies accordingly.”
Of course, this has some consequences that most people would agree are beneficial--it would be virtually impossible to counterfeit cryptocurrency, and financial crimes like money laundering would be greatly reduced.
Further, blockchain networks are incredibly secure--they are most commonly upheld by thousands of computers (nodes) spread across wide geographic locations. Therefore, altering or hacking a blockchain would require the compromise of more than 51 percent of the nodes on a network. This is highly unlikely--although the question of how exactly the nodes on a government-backed crypto network would be selected is still up in the air.
A National Cryptocurrency is Not Likely to Bring Back Bitcoin or ICOs to China
Perhaps because the Chinese government’s interest in developing a national cryptocurrency seems to be driven (at least in part) by the desire to monitor and control, it’s unlikely that the launch of a national cryptocurrency would re-open the doors to the rest of the cryptocurrency world. In other words, the launch of a national cryptocurrency in China is unlikely to bring Bitcoin or ICOs back to the country.
Desmond Marshall told Finance Magnates last year that the PBOC’s effort to develop a national cryptocurrency “specifically did not talk about trading, like crypto exchange trading, cryptocurrency exchanges. [They didn’t make mention of ] speculations as well.”
Further, it’s unclear whether a Chinese national cryptocurrency would be open to foreign buyers to purchase or hold. Opening the coin to foreign buyers could potentially bring a wave of new investors into the Chinese economy. However, it could make regulation more difficult.
In any case, the world is watching. Has China’s initiative to build a national cryptocurrency quietly been put to the wayside? Perhaps.
But with a blockchain community as strong as China’s, some kind of infrastructure may eventually be a necessity.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
Following Bitcoin and Ether, Grayscale Files with SEC for Spot BNB ETF on Nasdaq
Featured Videos
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
