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Nalezeno "UK currency": 3980

MIT, Boston Fed give digital dollar CBDC a modest test run

11.2.2022
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs

Binance Invests $200 Million Into the Business Magazine and Digital Publisher Forbes

11.2.2022
Reports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes...

'One currency change every generation,' how monetary skepticism spearheaded cryptocurrency adoption in Czechia

10.2.2022
"Since the end of the 19th century, there have been seven distinct currencies in the region that is now Czechia," says SatoshiLabs' in-house economist Josef Tětek

Russia Moves Ahead with Regulating Crypto as Form of Currency

10.2.2022
According to experts of the industry, Russia’s “unsurprising” decision to regulate cryptocurrencies will encourage other countries to follow suit. Policymakers are anticipated to establish new legislation to supervise crypto as a currency, based on a framework developed...

Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion

9.2.2022
The Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International Monetary Fund (IMF). As part of the plan, a major portion of foreign currency deposits in the banking system will be converted into local currency...

Russian gov't and central bank agree to treat Bitcoin as currency

9.2.2022
Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared or be considered a criminal act

Russian Government Set to Launch Bill that Calls Bitcoin & Crypto a Currency Analogue

9.2.2022
The Russian cabinet has reportedly thrashed out an agreement with the Central Bank on the matter of cryptoassets. Widespread media reports from the likes of Kommersant, as well as CNet explained that the agreement would see a draft law rolled out by February 18.... Read More: Russian Government...

Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister

9.2.2022
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank,...

No precedent: IRS court settlement doesn't clarify crypto staking taxes

8.2.2022
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression

Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies

8.2.2022
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regulatory sandbox continues to garner interest. CBDC...

LBank Exchange Will List FutureCoin (FUTURE) on February 9th, 2022

8.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 8, 2022, LBank Exchange, a global digital asset trading platform, will list FutureCoin (FUTURE) on February 9th, 2022. For all users of LBank Exchange, the FUTURE/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on February...

US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

8.2.2022
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’...

Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets

7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...

US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments

6.2.2022
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the...

Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions

5.2.2022
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called the “large financial transactions” tax would collect up to 20% over transactions...

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

5.2.2022
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments...

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

5.2.2022
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings...