digital currency

The real-time performance of the CBDC could see India becoming one of the very countries in the world to adopt a nationwide digital currency

The banks ran a pilot test where 164 payment and foreign exchange transactions were completed, totalling over $22 million over the six weeks

Binance claims the future is bright for digital tokens as a UN trade body warns cryptocurrencies may enable tax evasion

We explain how virtual currencies such as Bitcoin and Ether are actually made

Plans for the Royal Mint to launch an NFT – part of wider government cryptoasset measures – is more than just another PR misstep

Announcement comes three months after report from the House of Lords found no “convincing case” for the UK to introduce a CBDC

The dollar would have to be able to make offline transactions and preserve anonymity

The bank’s deputy governor said that banning cryptocurrency may be the best option for India

With China rolling out the digital yuan at the 2022 Beijing Winter Olympics, it’s the first major economy to launch a nationwide CBDC

The government is also introducing a 30% tax on income from digital assets

The country sought a $1.3 billion loan from the IMF last year, although this has been reportedly hindered by the fund’s Bitcoin concerns

New report argues CBDCs could level the playing field for private sector innovation but that network security remains a significant challenge

The treasurer has warned that if the country doesn’t introduce reforms, it will be Silicon Valley that determines the future of the sector

The new positions are expected to be filled by the end of 2022

President Nayib Bukele said the country will harness the geothermal energy from the volcano on which the city will be built to mine the Bitcoin requir…

The institution is trying to address concerns around the cryptocurrency, especially as it can be tied to the US dollar

A new report from the Treasury ties the cryptocurrency to ransomware payments over a ten year period

Protestors claim the currency could destabilise the economy and is being used to distract from wider issues

This will allow users in the two countries to transfer money using mobile numbers or virtual payment addresses

South American country is to install more than 200 ATM machines that convert dollars into Bitcoin

Reserve banks will test the use of central bank digital currencies for international settlements

Users can opt for either Bitcoin, Ethereum, Litecoin and Bitcoin Cash via the PayPal app or website

The reward has been offered following the successful return of $610 million in stolen tokens