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Digital currency

Last posts about digital currency.

Other 25/01/21 19:10 by Ponvang Bulus
Indian Central Bank Mulls Use of Central Bank Digital Currency For Payments
After many years of indifference, the Reserve Bank of India (RBI) is now considering the use of a digital fiat currency for the payment sector in the country, a recent report says. This is coming on ...
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Altcoins 05/01/21 14:10 by Ponvang Bulus
Stellar Foundation to Help Build Ukraine’s National Digital Currency
Ukraine is working on building its own national digital currency. The country’s government announced that it is bringing in the Stellar Development Foundation to build the central bank digital curr...
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Other 08/12/20 15:23 by Bernice Nyambura
Citigroup and Certain Governments are Collaborating to Create Digital Currencies, CEO Posits
Outgoing Citigroup CEO Michael Corbat has disclosed that the global investment bank is working with several governments around the world to develop digital currencies. “We’ve been working with...
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Crypto 27/11/20 14:38 by Brenda Ngari
Facebook’s Libra To Go Live As Early As January 2021 As A Dollar-Backed Stablecoin
Despite Facebook’s various obstacles, the social media giant is set to finally launch its digital currency. According to reports, the much-anticipated Libra currency might launch as soon as January...
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Other 11/11/20 12:45 by Brenda Ngari
Lebanon’s Central Bank To Issue Digital Currency In 2021 In Light Of Economic And Monetary Fallout
Banque Du Liban, the central bank of Lebanon is set to launch a central bank digital currency (CBDC) in 2021. According to a report by a state-run news publication on Tuesday, the central bank’s...
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Other 02/11/20 23:08 by Brenda Ngari
China’s Central Bank Has Transacted $300 Million In Digital Yuan So Far
The People‚Äôs Bank of China (PBoC) has processed over 4 million separate transactions ‚ÄĒ  worth more than 2 billion yuan ($299.07 million) as part of the pilot tests for its central bank digit...
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Altcoins 02/11/20 15:28 by Ponvang Bulus
Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain
The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with ...
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Crypto 26/10/20 21:00 by Steve Muchoki
Binance CEO CZ Acclaims Alibaba Founder Jack Ma For Putting Chinese Crypto Regulations On the Spotlight
Binance CEO Changpeng Zhao hailed Alibaba Holdings co-founder, Jack Ma, for openly commenting on crypto regulations in China. Ma was speaking at the 2nd Bund Finance Summit organized by the China Fin...
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Other 24/10/20 17:34 by Brenda Ngari
Russia To Conduct A Pilot Of Its Digital Ruble By End Of 2021: Senior Bank Of Russia Official
Countries around the world have shown great interest in developing central bank digital currencies (CBDCs), with a good number of central banks already in the process of creating digital versions of ...
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Crypto 24/10/20 03:20 by Brenda Ngari
PayPal Will Launch Its Own Cryptocurrency Within 6-12 Months, Predicts Asset Manager
PayPal could launch its own digital currency soon after announcing yesterday that it will start allowing customers to purchase, sell, and hold crypto on its website and app (Venmo). That’s the asse...
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Crypto 21/10/20 20:23 by Guest Author
Your Wallet in 2030 Will Be Full of Free Money
Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth. The...
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Bitcoin 20/10/20 01:59 by Nick Chong
Top DeFi Coins Crater 5-10% Despite $400 Bitcoin Price Jump
Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback. As of this article’s writing, the coin...
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Other 16/10/20 23:20 by Brenda Ngari
The Bahamas Is Planning To Make Its ‚ÄėSand Dollar‚Äô Digital Currency Available To A Global Audience
In late September, the Bahamas announced that it would officially launch its central bank digital currency known as the ‚ÄúSand dollar‚ÄĚ this month. According to reports, the country‚Äôs central ban...
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Other 13/10/20 20:30 by Bernice Nyambura
China Awards Shenzhen Residents with 200 RMB in its DCEP to Spend and Test Out Locally
China is forging ahead with the latest testing of its digital currency electronic payment (DCEP) that is awarding lottery winners tickets in Shenzhen with 200RMB (30 USD) in DCEP to test out and spen...
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Other 06/10/20 05:02 by Nick Chong
Canadian Central Bank Releases Extensive Report on Viability of CBDCs
Central bank digital currencies, often known as CBDCs, are seemingly imminent: over recent months, central banks around the world have revealed that they are working on their own digital currency proj...
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Bitcoin 28/09/20 14:24 by Bernice Nyambura
Israel Wants To Classify Bitcoin as a Currency to Amend the High Capital Gains Taxation
Israel is considering making Bitcoin a currency, according to a new bill that was tabled by four members of the Nationalist party Yisrael Beiteinu, which aims to regulate better the taxations of digi...
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Crypto 23/09/20 19:46 by Brenda Ngari
The People’s Bank Of China Just Delivered A Death Blow To Local Crypto OTC Dealers
Cryptocurrency over-the-counter (OTC) merchants in China have an existential challenge ahead. The central bank of China, the People’s Bank of China, is blacklisting the accounts of OTC traders in t...
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Other 17/09/20 16:07 by Brenda Ngari
Bahamas Central Bank Set To Introduce A National Digital Currency Next Month
The Bahamas has seemingly beaten other major economies to the national digital currency punch. The nation’s central bank has revealed that it will be issuing a central bank-backed digital currency ...
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Other 04/09/20 19:28 by Brenda Ngari
Brazil Could Be Ready To Implement A Digital Currency In Just Two Years: Central Bank President
Brazil has been toying with the idea of a central bank-backed digital currency for only a couple of months. But now the president of Banco Central (the country’s central bank) has revealed that the...
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Other 26/08/20 14:41 by Samuel Wan
China Digital Currency Battle Heats Up as Fed Enlists Help From MIT
Just when you thought China was advancing unopposed in the national digital currency race, the Fed finally steps up. The Federal Reserve Bank of Boston, in conjunction with the Massachusetts Institute...
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Other 15/08/20 00:23 by Bernice Nyambura
China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area...
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Other 29/07/20 19:42 by Bernice Nyambura
Philippines’ Central Bank Is latest to Explore a Central Bank Digital Currency
The Central Bank of the Philippines is the latest on the list of countries to exclusively express their interest in developing a central bank digital currency. Benjamin Diokno, the Governor of Phi...
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Crypto 24/07/20 08:33 by Olivia Brooke
Visa reiterates commitment to digital currencies, a crypto-project could also be in the works
Visa card, the American payment card network processor has restated its long-term interest in digital currencies. This was seen in a blog post on the Company’s official website, titled “A...
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Other 16/07/20 07:18 by Olivia Brooke
Japan’s largest financial firm plans to issue its digital currency in 2020
During the 4th quarter of 2020, Japan’s largest financial firm (MUFG), also the fifth-largest bank in the world will kickstart the launch of its own digital currency, that is if everything goes...
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Crypto 15/07/20 10:47 by Guest Author
Crypto Market Analysis: 15th July 2020
It was an interesting week for the cryptoasset markets, where we saw some price movements after a few weeks with not a lot of action. Whilst traditional equity markets also saw moderate growth, namely...
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Other 14/07/20 10:14 by Olivia Brooke
Libra’s newest rival could be England’s central bank-backed digital currency
According to reports from Bloomberg, the bank of England (BOE) is contemplating creating a government-backed digital currency. This was made known by Andrew Bailey, Governor of the Bank of England, i...
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Other 08/07/20 22:16 by Brenda Ngari
Ride-Hailing Startup With Over 550M Users To Conduct First Real-World Test Of China’s Digital Yuan
China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as ...
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Bitcoin 07/07/20 02:00 by Tony Spilotro
US Senator: Digital Dollar Must Beat Bitcoin, Digital Yuan
During a hearing on the potential introduction of a digital dollar, Senator Tom Cotton claimed whatever the United States comes up with, it has to ‚Äúbe better than Bitcoin.‚ÄĚ He also asserts it must...
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Other 01/07/20 14:13 by Samuel Wan
Central Bank Digital Currency Touted as Solution to US Economic Overhaul
Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long...
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Altcoins 27/05/20 09:26 by Brenda Ngari
Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation
Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and ‚Äúlean into digital currencies‚ÄĚ as the nation is falling behind China in terms of crypto innovatio...
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