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Bank of England Considering a Central Bank Digital Currency, Governor Says

14.7.2020
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years

$424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent

12.7.2020
For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been...

Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...

Christophe Cieters: Monopoly Money

12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...

Cryptocurrency News From Japan: July 5 - July 11 in Review

11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week

Will Bitcoin Offer Currency Freedom Even After Mass Adaptation?

11.7.2020
Bitcoin is a cryptocurrency which enables the transaction of money without involving the middlemen. It can be used to do various transactions like booking flight tickets, shopping for multiple goods, and purchasing stocks. Numerous people understand Bitcoin as the speculative type of investment...

Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...

Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...

China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan

9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...

$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks

9.7.2020
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have...

Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director

8.7.2020
The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition

China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency

8.7.2020
Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform

First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race

7.7.2020
BoA researchers anticipate that China's digital yuan might make a dent in the greenback’s global hegemony

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules

5.7.2020
A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...

Kazakh Gov Plans to Double Its Investment in Digital Currency Mining

1.7.2020
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC

Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

30.6.2020
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week

60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments

30.6.2020
On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin...