Bitcoin has become one of the most valuable currencies globally after overtaking the Russian ruble. The invasion of Ukraine has sent Russian currency tumbling to record lows, and Bitcoin is profiting ...
Tag: Currency
Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’ – Emerging Markets Bitcoin News
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other sc...
Bitcoin Touches $41K as Russian Minister Says They Work on a Digital Currency
Bitcoin is back above $40k despite descending to $34k just last week. Meanwhile, as politicians discuss Russia’s potential use of cryptocurrency to evade sanctions, the eastern superpower is apparentl...
Russians turn to Bitcoin to escape plummeting ruble currency
As the West level economic sanctions thick and fast on Russia, the ruble currency has been sent into freefall, plummeting 20% Monday to a record low against the dollar. Via XE.com Are you looking for ...
Bitcoin Trading Against the Ruble Surges as Russia’s Currency Crashes
Ruble/Bitcoin trading volume has surged to nine-month highs as the Russian currency collapsed against the dollar in the wake of Russia’s invasion of Ukraine. According to data by blockchain analytics...
Bitcoin as a State Currency
El Salvador was the first country in the world to introduce the digital currency Bitcoin as legal tender. Since last September, Salvadorans have been able to make transfers, use software like a Binanc...
Mexican digital currency to come into existence soon
Digital currency in Mexico will soon see the light of day Potential CBDC will involve private banks throughout the country The country has less banking penetration but will rise with time Private ba...
Private Banks Propose to Help Design Digital Currency in Mexico – Coinotizia
Private banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor o...
Private Banks Propose to Help Design Digital Currency in Mexico – Bitcoin News
Private banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor o...
Crypto Exchange Bitrue Adds Cardano as a Base Currency
Bitrue announced that Cardano is being added as a base currency ADA Price at the time of writing – $0.7752 According to reports, it will pair ADA against various crypto assets including Cartesi Singa...
Crypto Exchange Volume in Ukraine Spikes As Currency Controls Introduced
Trading volume for Bitcoin and other cryptocurrencies on popular Ukrainian crypto exchange Kuna surged over 200% earlier today, according to CoinGecko. From under $1 million on February 21, trading v...
Joe Rogan Podcast Guest Exposes Central Bank Digital Currency (CBDC) Dystopia
Appearing on the Joe Rogan Experience, British broadcaster Maajid Nawaz has shone a light on the grim reality of central bank digital currencies (CBDC). As Nawaz pointed out to Rogan on Saturday’s epi...
Bitrue introduces ADA as base currency, more to follow
Cryptocurrency exchange Bitrue is now supporting ADA as a base currency, Invezz learned from a press release. This is not the beginning of cooperation between the Cardano blockchain and the exchange. ...
Thailand in Plans to Introduce Its Own Digital Currency Exchange
In a Bloomberg interview on Sunday, Peetathawatchai said that the SET plans to develop its own digital asset exchange, with additional exposure possibilities such as utility and investment tokens. The...
Increasingly South Korean Crypto To Crypto Exchanges Are Hoping To Make A Profit In Fiat Currency
Although a group of South Korean crypto exchanges may be granted permission to begin crypto-to-fiat trading, perspectives disagree on whether the 23 exchanges presently stuck in crypto-to-crypto limbo...
Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency – Bitcoin News
Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray...
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions – Coinotizia
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, cal...
Billionaire Investor Charlie Munger Says Fiat Currency is “Going to Zero”
The 98-year-old vice chairman of Berkshire Hathaway has hypothesized that fiat currency is “going to zero” in the next hundred years. The veteran investor made the comments in an interview with Yahoo!...
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day – Bitcoin News
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems...
Coinbase to allow users in Mexico to cash out crypto in local currency
Coinbase Global, the largest cryptocurrency exchange firm in the US, is launching a pilot phase for a remittance program in Mexico. Coinbase wants to enable crypto recipients in Mexico to cash out the...
Google Adds Cardano To Its Integrated Currency Conversion Rate System ⋆ ZyCrypto
Advertisement     Cardano has achieved major recognition of its market value. Google has just added ADA to its currency conversion rate calculator. Users of the search...
Ripple Partners With Central Bank Digital Currency Think Tank
Ripple has partnered with the Digital Euro Association (DEA) to jointly work on central bank digital currencies (CBDCs). The DEA, based in Frankfurt, Germany, is a think tank focused on CBDCs, stablec...
Iran aims to develop a central bank digital currency
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has ...
Charles Hoskinson does not see Bitcoin (BTC) as a world reserve currency
Cardano’s founder, Charles Hoskinson, does not see a time when Bitcoin (BTC/USD) will be adopted as the world’s reserve currency. Hoskinson, who is also a co-founder of the Ethereum network, has not b...
Charles Hoskinson Doubts Bitcoin Will Be World’s Reserve Currency
Alex Dovbnya It’s “not impossible” for Cardano to take on the mantle of the world’s reserve currency, says Input Output CEO Charles Hoskinson During a recent interview, Input Output ...
Jamaica is on track to roll out a digital currency in 2022
advertisement Jamaica is planning to roll out its central bank digital currency (CBDC) this year, according to an announcement from Prime Minister Andrew Holness. Holness tweeted the news yesterday in...
Russia’s Financial Policy Proposes Recognition Of Crypto As A Form Of Currency
Russia, one of the world’s most powerful economies, is setting up a financial policy that, when implemented, will recognize digital assets, including crypto, as a form of currency alongside fiat...
Due to the Central Bank of Ireland currency skepticism, allowing retail investment seems unlikely
Keeping into consideration the high risk involved in digital assets and ‘not much expertise’ of retail investors, the central bank of Ireland money put its concern Thursday’s report consists of the Ce...
Russia Moves Ahead with Regulating Crypto as Form of Currency
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 legisla...
Russia to recognize Bitcoin as currency
According to a local news report, the controversy around the status of cryptocurrency in Russia is about to come to an end. The Russian newspaper Kommersant reported that the Bank of Russia and the g...