Saturday, June 19, 2021
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Digital Currencies

Carl Icahn claims he may invest upwards of $1 billion in digital currencies, but believes many of them will fail

Carl Icahn, a billionaire investor, talked to Bloomberg on Wednesday that he is interested in getting into the digital currency market and...

India is considering forming a new working group to regulate digital currencies

The Indian government is reportedly thinking of forming a panel of experts to examine whether formal supervision of digital currency is possible...

State-backed digital currencies can disrupt financial systems: Report

Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit...

The National Bank of Georgia considers the use of digital currencies by central banks

Georgia's federal reserve has stated that it is considering launching a central bank digital currency (CBDC), following in the footsteps of a...

The Venmo application now allows users to purchase and sell digital currencies

Venmo is the most recent financial application to enter the digital currency sector. The PayPal-owned service has released a new cryptocurrency functionality...

COVID-19 and digital currencies

According to Exante’s Patrick O Brien, financial history has been accelerated during this pandemic, advancing a shift for digital currencies with a surge...

A legislation to exclude digital currencies from securities legislation has been reintroduced in the US Congress

The US Congress has brought again a legislation that would exclude cryptocurrencies from being classified as securities. The Token Taxonomy Act will...

PayPal reveals intentions to extend its service offerings to digital currencies

In PayPal's quarterly earnings report on February 3rd, PayPal CEO Dan Schulman set out PayPal's ambitions for their blockchain and digital currency...

VISA could attach digital currencies to its 70 million system of merchants

Visa, the world's largest transaction processor, could connect cryptocurrency to the payments system with millions of retailers in its network and hundreds...

Bank of Singapore Suggests Digital Currencies Could Substitute Gold

Digital currencies are unlikely to overtake fiat money as currency, but for stable assets such as gold, they can take a share...

Latest news

El Salvador’s request for assistance in embracing Bitcoin is turned down by the World Bank

El Salvador's application for help in adopting bitcoin as a currency was turned down by the World Bank, according to a spokeswoman...

Tanzania’s president has urged the country’s central bank to think of adopting digital money

Tanzania's leader has urged the nation's central bank to start looking into the significance digital currency assets may have in the national...

Hawaii had largest increase in demand for crypto out of US states this year

A new report from MiQ Digital indicates that demand for cryptocurrency has increased the most in the U.S. states of Hawaii and...

Spanish Regulator Asks Crypto Firms to Submit Requests before Launching Ads

Spain’s National Securities Market Commission (CMNV) has issued an order that asks domestic crypto companies who wish to deploy advertising campaigns targeting...

This is the biggest concern ahead of Alonzo bringing smart contracts to Cardano

2021 has been a good year for Cardano, with the token hiking by over 1200% from its 1 January price at one...
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