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  • Reserve Bank of India could test its digital currency next year, senior official said

Reserve Bank of India could test its digital currency next year, senior official said

A senior central bank official told the State Bank of India’s banking and economic conclave that the Reserve Bank of India’s digital currency could see a test launch in the…

Mastercard with Asia-Pacific digital currency companies to launch crypto-linked payment cards – Financial News

In partnership with Mastercard, three major cryptocurrency service providers in Asia-Pacific will launch crypto-funded Mastercard payment cards. For the first time, consumers and businesses in the Asia-Pacific region will be…

Bracewell Law Firm in Crypto and Digital Currency Market

Thursday, November 18, 2021 In this episode of Bracewell Sidebar, hosts Matthew Nielsen and Phil Bezanson continue their conversation with Anne Termine on cryptocurrency, including how different regulators are trying…

Raft Of Blockchain Games, DeFi Tokens Buck Trend Amid Digital Currency Slowdown

KEY POINTS Bitcoin remains bearish as DeFi and Metaverse tokens rise Valkyrie Investments to Launch $ 100 Million DeFi Fund Goldman Sach Says DeFi Has A ‘Convincing’ Use Case The…

Indian cenbank could launch digital currency pilot project next year

A representation of the Bitcoin virtual cryptocurrency can be seen in this photo illustration taken on October 19, 2021. REUTERS / Edgar Su / File Photo / File Photo Register…

Australian central bank weighs digital currency, remains skeptical

A representation of the Bitcoin virtual cryptocurrency can be seen in this photo illustration taken on October 19, 2021. REUTERS / Edgar Su Register now for FREE and unlimited access…

Bitcoin, one of the best digital currencies

Bitcoin is the number one cryptocurrency and continues to be the market leader. As of this writing, the world’s leading digital currency has a market value of over $ 125…

Crypto-crowdsourced funding for Sotheby’s auction could further legitimize digital currency

Capuski / Getty Images A group of cryptocurrency investors is funding crowdfunding to acquire a copy of the Constitution auctioned by Sotheby’s. See: Best Bitcoin or Crypto Wallets 2021: How…

Peru’s central bank joins global effort to develop digital currency

Julio Velarde, President of the Central Bank of Peru, speaks during an interview with Reuters at the headquarters of the Central Bank in Lima, Peru, April 30, 2018. REUTERS /…

UK reports 36,517 new cases of Covid-19, 63 deaths

London: According to the latest official accounts, the United Kingdom (UK) has recorded 36,517 new Covid-19 infections and 63 coronavirus-related deaths, bringing the total number of deaths to 142,898. According…

Mina Price Increased 20% After Digital Currency Summit 2021 Live Event – The VR Soldier

While Bitcoin and Ethereum have seen price drops this week, Mina is doing exceptionally well. The price of MINA rose more than 20% today, finally breaking through the $ 5…

50% of businesses are using or planning to use digital currency

Cryptocurrencies are quickly finding favor as digital assets with various applications. B2B companies, financial institutions (FIs) and FinTechs envision their potential as an increasing number of companies use virtual currencies.…

Tim Cook owns Crypto, but Apple has no plans for digital currency

Apple (AAPL) – Get the Apple Inc. (AAPL) report CEO Tim Cook personally owns the cryptocurrency, but the executive has no intention of his company accepting the crypto as an…

US Department of Justice Hires New Director of Digital Currency Enforcement

The US Department of Justice is preparing to hire a new director for its digital currency enforcement unit, as part of its efforts to prevent the use of digital currency…

Australia’s digital currency industry keen on regulation, senator says

Digital currency companies in Australia are keen to adopt regulations, according to Senator Andrew Bragg who also revealed that there will be strong regulations for the sector over the next…

Crypto Giant Digital Currency Group Hits $ 10 Billion Valuation In Latest Capital Increase

Cryptocurrency conglomerate Digital Currency Group has raised $ 700 million in funding, including investments from Japanese multinational holding company SoftBank and the venture capital arm of Google parent company Alphabet,…

What is central bank digital currency (CBDC)?

A central bank digital currency (CBDC) is a digital version of fiat money backed by the government. This type of digital currency is issued by a central bank and linked…

India’s digital currency law expected in February 2022 budget: officials

India’s long-awaited digital currency law could finally be announced in the next budget in February 2022, ending long-standing discussions on how digital currency activities should be regulated in the country.…

Binance Suspends Digital Currency Withdrawals: What’s Happening?

A few days ago, CoinGeek reported how the Coinbase cryptocurrency exchange went offline during another market downturn. Binance twice suspended all digital currency withdrawals on Monday, citing a backlog as…

Nigeria becomes the first country in Africa to launch a digital currency, eNaira

Through Wesley diphoko 18h ago Share this article: To shareTweeterTo shareTo shareTo shareE-mailTo share The Central Bank of NIGERIA on Monday launched a digital currency designed to be used with…

FDIC joins ‘crypto sprint’ as it targets digital currency regulation

One of the agencies overseeing the US banking industry has set itself the goal of regulating digital currencies. The Federal Deposit Insurance Corporation (FDIC) is working with the Federal Reserve…

Stakeholders Offer Options for Digital Currency Success in Nigeria | The Guardian Nigeria News

Stakeholders including Lagos Chamber of Commerce and Industry (LCCI) and Prof. Lauren Cohen, L. E Simmons, Professor of Business Administration, Harvard Business School, United States of America, among others Yesterday…

The first digital currency backed by the central bank

In the digital age, popular trends have spread like wildfire and the blockchain-enabled digital currency mania appears to be reaching critical mass. In the near future, the People’s Republic of…

Pakistani high court orders government to establish digital currency regulation in 3 months

The Pakistani government has three months to develop regulations for the digital currency industry, a regional high court ruled. In its ruling, the court ordered the central bank and the…

Chinese tax agency calls on government to impose taxes on digital currencies

An official Chinese tax newspaper has called on the government to impose taxes on digital currencies, despite the government’s recent show of hostility towards the industry. The article, which was…

Russia’s Putin insists “too soon” on using digital currency for oil trade

The Russian government has not completely banned digital currency in the country, although it has yet to accept it as legal tender because it fears it will have a negative…

The very first hyper-deflationary digital currency to launch its blockchain – Nairametrics

Axia is a cryptocurrency oriented company run by Nick Agar. The organization is building a digital ecosystem around the world’s first hyper-deflationary digital currency called AXIA Coin (AXC). The world…

US Senators Urge Facebook To End The Chase Of Digital Currency As Part Of Novi Wallet Launch

Five Democratic senators wrote a letter to Facebook founder and CEO Mark Zuckerberg, urging him to put aside the company’s digital currency plans. The letter claimed that the company could…

AGA Announces Large Order for 25,000 Digital Money Mining Machines – Form 6-K

AGM Group announces major order for 25,000 digital currency mining machines BEIJING, China, October 21, 2021 (PRNewswire) – AGM Holdings Group Inc. (“AGMH” or the “Company”) (Nasdaq: AGMH), an integrated…

Senate committee recommends new ASIC Marketplace license for digital currency exchangers

The Senate committee to review fintech and regtech in Australia has issued its final report, providing eight recommendations focused on how digital assets should be regulated. Among the recommendations of…

Mexico will not legalize digital currency payments, says president

Mexico has no interest in making digital currencies legal tender, the country’s president said. In a recent press conference, President Andres Manuel Lopez Obrador said the country will keep its…

Head of the Bank of England: regulation of digital currency is a “matter of urgency”

A senior Bank of England official called the regulation of digital currencies a “matter of urgency” for financial stability, citing the risks posed by digital currencies to the wider financial…

A viable central bank digital currency should be ‘the law’

The year after Satoshi Nakamoto published a white paper on the concept of a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future. The…

Goldman Sachs demands a level playing field for digital currency – Ledger Insights

Goldman Sachs board member Beth Hammack raised the issue of the different rules applied to incumbent banks compared to digital currency startups and repeatedly called for a level playing field…

Rtl today – digital currency: bitcoin surpasses $ 60,000 on hopes of US fund approval

Bitcoin crossed the $ 60,000 mark for the first time since April amid growing optimism that U.S. regulators will give the green light to the first U.S. cryptocurrency-traded futures fund.…

G7 leaders issue guidelines on central bank digital currency By Cointelegraph

The Group of Seven (G7) advanced economic countries this week discussed central bank digital currencies (CBDCs) and concluded that they should “do no harm” and meet high standards. G7 financial…

Bittrex Global Explores Digital Currency As A Tool For Financial Inclusion At CoinGeek New York

On Day 3 of CoinGeek New York, Stephen Stonberg, CEO of Bittrex Global, joined us to talk about digital currency as a tool for financial inclusion. Financial inclusion, banking for…

Facebook’s top digital currency engineers go to a16z cryptocurrency treasure trove

Two of Facebook’s top engineers on its blockchain and advanced money project have handed over the organization to join Andreessen Horowitz’s crypto group, the investment firm told CNBC on Monday.…

Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments – Bitcoin News

With a view to regulating its fintech space, the government of Sri Lanka has set up a special committee to formulate the country’s policy on digital banking and crypto-related activities.…

A committee of experts to formulate SL’s digital currency policy appointed – business news

The Government Department of Public Information yesterday announced experts from both the public and private sectors, who have been appointed to the committee to formulate Sri Lanka’s national policy on…

Georgia to pilot digital currency in retail next year

Georgia’s central bank is moving forward with its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the…

Miami becomes hotspot for digital currency – CBS Miami

MIAMI (CBSMiami) – Miami is the Magic City, but could it soon be the Crypto City? “Where is the crypto capital of the United States? And it’s definitely in Miami…

Federal Life Insurance Company to Launch Transformative Digital Currency Variable Annuity in … | Your money

RIVERWOODS, Ill., Oct. 06, 2021 (GLOBE NEWSWIRE) – Federal Life Insurance Company (“the Company”), an Illinois national airline with a history dating back to 1899, today announced a first private…

Nigerians optimistic about launch of new digital currency eNaira

ABUJA – Many Nigerians are optimistic as Africa’s largest economy prepares to launch the continent’s first central bank-backed digital currency, eNaira. Authorities hope to capitalize on the popularity of the…

Brazil to adopt tougher sanctions for digital money launderers

Money launderers in Brazil who switch to digital currencies will face longer jail terms and higher fines if a bill is passed in parliament. The proposed bill doubles the financial…

“PSE does not sell digital currency”

The Philippine Stock Exchange said on Monday that it does not sell cryptocurrencies and warned the public against dealing with people selling blockchain digital currency products using the exchange’s name.…

Fed plans to assess risks of issuing US digital currency

WASHINGTON – The Federal Reserve plans to launch a review of the potential benefits and risks of issuing a U.S. digital currency this week, as central banks around the world…

New Zealand plans to launch its own digital currency as it sees an opportunity for innovation in payments

New Zealand’s 100 dollar bill. Reserve Bank of New Zealand The Reserve Bank of New Zealand is considering creating a digital currency. The RBNZ discussed the idea in a report…

Laos recruits a Japanese startup for a study on digital currency

TOKYO – Laos will explore issuing its own digital currency with the support of a Japanese fintech startup that has been implicated in a similar effort by Cambodia, Nikkei has…

Venezuela launches digital currency, removes six zeros from its currency

According to a report by Telesur, the Bolivarian Republic of Venezuela has introduced a new digital currency, dubbed “Digital Bolivar”, to facilitate transactions within the country. The new digital Bolivar…

Bitcoin, Ethereum Rise As Venezuela Launches Digital Currency

An advertisement for bitcoin and cryptocurrencies. Photo: Reuters Cryptocurrencies were significantly higher on Friday morning, ending a volatile week on a good note, as the Venezuelan government-backed digital currency shifts…

Digital Euro – The European digital currency – Technology

To print this article, simply register or connect to Mondaq.com. At a time when digitization has taken hold of almost every aspect of our daily life, the European Central Bank…

Indonesia won’t follow China in outright digital currency ban, government official says

China recently reiterated its long-standing opposition to the use of digital currencies, declaring that all Bitcoin transactions are illegal. Indonesia, however, will not follow this path, a senior government official…

Ghana e-cedi: everything you need to know about Ghana’s digital currency Ghana news

The Bank of Ghana has announced that it is launching a new digital currency called E-cedi. The digital coin will operate in an interim sandbox and is hinged on promoting…

E-Naira: X-raying Nigeria’s First Digital Currency by Mujidah Yahaya

Mujidah Yahaya As Nigeria celebrates another year of independence and as with every celebration, further changes are expected and an example of change, which has been revealed to Nigerians, is…

India’s digital currency sector to add $ 184 billion to economy by 2030: report

India’s digital currency industry is expected to experience parabolic growth in the coming years, creating an economic added value of $ 184 billion in investment and cost savings, according to…

RBNZ signals interest in central bank digital currency, seeks comment

WELLINGTON, Sept. 30 (Reuters) – New Zealand’s central bank said on Thursday it was seeking public input on the potential use of a central bank digital currency (CBDC). Many countries…

Is RBI’s digital currency affecting the future of crypto in India?

2021 was a turning point for cryptocurrency. We’ve seen bitcoin hit an all-time high of $ 65,000 and the total crypto market cap hit the $ 2,000 billion mark in…

CySEC Releases Guidance Document on Digital Currency Regulation

The Cyprus Securities and Exchange Commission (CySEC) has released a new policy document, outlining the compliance requirements for crypto asset service providers (CASPs) for registration and operations. The regulator said…