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Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
China’s Supreme Court Calls for Better Protection of Digital Currency Rights
22.7.2020
A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
CFTC Committee to Hold Remote Meeting on DLT and Digital Currencies
15.7.2020
An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading
Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns
12.7.2020
CBDCs are one of the hottest topics in the fintech space, but as their inception comes closer, serious privacy concerns come with it
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
How are Central Banks Exploring Central Bank Digital Currencies?
11.7.2020
At a time when enterprises are moving fast toward the adoption of blockchain technologies, central banks are exploring digital currencies as an alternative to replace their cash in circulation. A Central Bank Digital Currency (CBDC) is the digital form of fiat currency. Not to be confused with...
Not Like Before: Digital Currencies Debut Amid COVID-19
27.6.2020
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services
Review: Crypto.com’s Ruby Steel Prepaid Visa Card
26.6.2020
A number of members in the cryptocurrency community, typically people who are paid in crypto assets, have tried a myriad of prepaid cards that can be credited with digital currencies like bitcoin. The following post is a review on the Crypto.com prepaid Visa card in order to give our readers some...
Australians Can Now Pay for Bitcoin at 3,500 Australia Post Offices
25.6.2020
Australian residents can now pay for bitcoin at more than 3,500 national post offices. The new service launched by Bitcoin.com.au is aimed at promoting cryptocurrencies to mainstream audiences, alongside established businesses and organizations. On June 24, 2020, the firm Bitcoin.com.au announced...
Digital Currency Might be a Win-Win for Governments & Protesters Alike
25.6.2020
Thanks to smaller processing fees and quickened fiscal response in crisis situations, the digital dollar could save the American taxpayers billions of dollars for sending and processing stimulus checks, argues Forbes contributor Roger Huang. Furthermore, it would legitimize and increase...
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
24.6.2020
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than...
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN Expert
5.6.2020
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...
Role of Digital Currencies In Core Payment Systems Post COVID-19 Crisis
28.5.2020
While celebrating the start of a new decade, who would have thought that the world population is heading towards one of the biggest healthcare calamities of all time. The year 2020 has successfully placed itself in the list of one of the most unfortunate years in history due to the outbreak...
Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale
27.5.2020
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect