5 / 13 Relevant items tagged with #DigitalCurrency
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Australia cracks down on online gambling with crypto, credit card ban
[Jun 11 1:40 AM] The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).
Liberty Dollar vs. Bitcoin: Why the US Government Shut Down One but Not the Other
[Jun 8 4:30 AM] The U.S. government successfully shut down the Liberty Dollar, a private currency created by Bernard von NotHaus, while Bitcoin, established by the mysterious Satoshi Nakamoto, continues to thrive outside governmental control. This discrepancy…
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
[Jun 6 6:20 AM] The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S…
Private firms to join global central bank CBDC project
[Jun 5 6:05 AM] As Project mBridge enters its MVP phase, the BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform’s potential.
Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’
Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor Says
[Jun 4 5:20 AM] Rwanda is contemplating launching a Central Bank Digital Currency (CBDC) because it does not want to be left behind and to prevent any hindrances to trade between the African country and its major trading partners. According to a deputy governor…
Qatar Central Bank launches first phase of CBDC project
[Jun 3 11:39 AM] The small country on the Arabian Peninsula sees CBDC as part of its national development strategy.
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade
[Jun 2 11:10 PM] China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening…
Can BONK Break The Mold? Analyst Predicts Stellar Rise For The Solana Memecoin
[Jun 1 12:00 PM] The meme coin market is back in the spotlight, and BONK is no exception. The dog-themed token has seen a price surge of over 40% in the last month, mirroring a broader trend among its rival meme coins. This recent rally comes amidst positive…
Israel launches digital shekel CBDC experiment for payments
[May 29 4:25 AM] The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub.
Bank of Israel Launches Digital Shekel Challenge
[May 28 10:21 PM] The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The…
South African Central Bank Opts Against Publishing CBDC Study Findings
[May 28 9:38 PM] The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study…
Forget Fear, Embrace Greed? Bitcoin Soars As Sentiment Turns Red Hot
[May 28 7:00 AM] Bitcoin (BTC) continues its captivating dance near its all-time high, leaving investors to ponder whether it’s a victory lap or a prelude to a potential tumble. While the price sits stubbornly around $68,000, new data reveals a market…
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
[May 26 7:18 AM] Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the…
Solana to Hit $1,000? Analyst Makes Bullish Call Despite Recent Downturn
[May 25 11:50 AM] Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top…
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
[May 23 11:37 PM] The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender…
CBDC Anti-Surveillance State Act passes US House in partisan vote
[May 23 1:36 PM] The potential misuse of the CBDC technology trumped arguments about innovation or even good legal drafting.
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
[May 19 7:45 AM] Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent…
Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive
[May 16 9:00 AM] The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks. This unexpected…
Philippines begins Peso-backed stablecoin sandbox testing
[May 13 2:36 AM] The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.
Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’
[May 8 9:17 PM] A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four…
Rwandan central bank proceeds with ambitious retail CBDC project
[May 8 3:03 PM] The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy.
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
[May 7 7:46 PM] India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring…
EU crypto regulations undermined by lack of enforcement, say observers
[May 7 9:44 AM] The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
[May 5 5:35 PM] As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency…
Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating
[May 3 5:30 AM] The recent dip in the price of Bitcoin below the $59,000 support level has sent jitters through the cryptocurrency market. While the price drop triggered liquidations in futures markets, analysts warn that a more significant decline could be on the…
Chinese 'Crypto Dad' faces government investigation
[Apr 26 4:01 AM] Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.
Mauritania Central Bank Partners With Giesecke+Devrient to Develop a National CBDC
[Apr 23 3:24 AM] The Central Bank of Mauritania (CBM) has partnered with Giesecke+Devrient (G+D) to develop and launch a digital version of the national currency. The Germany-based security technology firm is expected to assist the CBM in outlining the…
Analyst Forecast: Litecoin Poised For $250-$300, But Can It Hold?
[Apr 19 3:10 AM] Litecoin (LTC) is proving its toughness in the wild world of crypto. Even with recent ups and downs in the market, Litecoin is holding steady, making investors hopeful about its future. While its price dipped a bit, experts and some charts are…