digital currencies News
Latest digital currencies News
Brazil's top financial institutions are preparing for the nationwide rollout of the central bank's digital currency, Drex.
More than 100 countries are looking into the possibilities of centralized digital currencies that offer efficient cross-border transactions and greater access to financial services.
The so-called Digital Yen – Japan’s upcoming digital currency – is now the “top priority” of the country as it battles the economic implications of the ongoing coronavirus pandemic and seeks to revitalize growth. Digital Currencies a Major Focus Takeshi…
Ether (ETH) P2P exchange platform LocalEthereum has officially renamed itself to LocalCryptos and introduced support for a slew of different cryptocurrencies including Bitcoin (BTC), and several other ERC-20 tokens. LocalEthereum Looks to go Global LocalEthereum, a prominent exchange in the…
Central banks across the globe have been reserved in their approach to digitization. These institutions are huge proponents of digital payments channels on a retail level, but when it comes to digitizing all currency, their worst fears kick in. According…
The Financial Industry Regulatory Authority (FINRA) previously asked its member firms to inform them before they engaged in activities relating to digital assets. In a new notice, FINRA has confirmed the continuation of this rule along with a few more…
The Stock Exchange of Thailand (SET) published a document on March 13, 2019, where they outlined plans to modernize and transform the Thai capital market, and one of the steps in that plan involves the rolling out of a digital…
Dubai partnered with IBM to launch a Government-backed blockchain platform in the Middle East as part of the Government’s Smart Dubai Initiative. According to an Arab News article published on October 31, 2018, the blockchain platform is related to Dubai’s…
When bitcoin was launched in 2009, the idea was to enable individuals to be their bank by allowing them to store, send and receive digital cash without the need for a financial intermediary. Since the early days of bitcoin, much…
The political aspects of the pioneer cryptocurrency bitcoin also came with a bag of aesthetic values. Anarchist literature, Occupy Wall Street sentiments, and the tearing down of the big banks propelled Satoshi Nakamoto’s innovation back in 2009. Now, many of…
The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as…
The Chinese government has issued a revision of its cryptocurrency ranking, adding two new cryptocurrency projects. According to the revised ranking, EOS is now at the top of the list. CCID’s Ranking System China’s Center for Information Industry Development (CCID)…
Ex-executives of GoDaddy, the Internet domain and hosting giant, raised $6.5 million in June 2018 to develop a stablecoin. Stablecoin Project According to a report by Fortune on June 22, 2018, Rene Reinsberg and Marek Olszewski, previously vice presidents at…
The industry involved with Hyperloop, a futuristic transportation method, could soon adopt blockchain technology for its transparency and convenience as a payment method. The revelation was made by Hyperloop Transport Technologies’ Chairman Bibop Gresta in a recent interview with a…