The Bank of England (BoE) and His Majesty’s Treasury believe the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Daily Telegraph report on Feb...
Tag: Currency
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
The National Bank of Kazakhstan (NBK) has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to d...
Kazakhstan digital currency advances with Binance support
According to a report, Kazakhstan’s digital currency project is making progress as it moves into the pilot phase with the support of Binance and the National Bank of Kazakhstan. According to a joint r...
Women On Banknotes Remain Rare [Infographic]
After the death of Queen Elizabeth II of England, who was featured on more banknotes than any other female by a long stretch, she might gradually disappear from them. Australia announced yesterday tha...
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Ray Dalio, a billionaire investor, has said that fiat money is under “jeopardy” as an effective store of wealth, but he does not think that Bitcoin (BTC) and stablecoins will be the answer...
Bitcoin Won’t Be an Effective Currency, Store of Value or Medium of Exchange, Says Hedge Fund Legend Ray Dalio
In a new interview on CNBC’s Squawk Box, hedge fund veteran Ray Dalio says Bitcoin (BTC) is getting more attention than it deserves. The founder of asset management firm Bridgewater Associates says th...
Lebanon Devalues its Currency by 90%, Snowden Believes Bitcoin Fixes This
Lebanon is adopting a new official exchange rate, devaluing its local currency by nearly 90%. The new rate is set at 15,000 Lebanese pounds against the U.S. dollar, according to a January 31 report, w...
Why HSBC Has A Change Of Heart And Finds New Interest In Digital Currency
The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel Quinn, was concerned about the “sustainability” of crypto prices, and the b...
Lebanese central bank devalues currency by 90%
The central bank of Lebanon has announced that it has devalued the Lebanese pound by 90%. Has Bitcoin’s time truly arrived? Lebanese central bank governor Riad Salameh announced on Tuesday that the ne...
Ripple Working With Central Bank of Montenegro on New Digital Currency Pilot Program, According to Prime Minister
San Francisco payments company Ripple is teaming up with the Central Bank of Montenegro to work on a novel digital currency pilot program. Montenegro Prime Minister Dr. Dritan Abazovic says that his c...
XRPL Labs Developing Hooks Sidechain with XRP as Native Currency
Developers believe Hooks will soon be ready for real-life applications. XRPL Labs lead developer Wietse Wind has revealed that developers are building a Hooks sidechain with XRP as the native currency...
Montenegro’s central bank teams up with Ripple on digital currency pilot project
Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice ...
Montenegro Joins Hands With Ripple To Pilot First National Digital Currency — Huge Boost to XRP? ⋆ ZyCrypto
Advertisement     Ripple, the digital payment network, has partnered with Montenegro to help the small Southeast European nation develop its digital currency. The coun...
Virtual Currency Tracking System: South Korea’s Crypto Regulation
The South Korean Ministry of Justice has decided to introduce a virtual currency tracking system. The authority intends to strengthen the tracking of money laundering and the recovery of criminal proc...
Latin American Currency Area Bad News For Debt-Laden Countries Like Argentina
30 June 2002 Yokohama : FIFA World Cup Final – Brazil v Germany : Gilberto Silva of Brazil … [+] celebrates on a lap of honour, holding the Brazilian flag (photo by Mark Leech/ Getty Image...
ChatGPT Predicts How Bitcoin Will End Fiat Currency
According to ChatGPT, “decentralised digital currencies” could be one way to end central banking. Parman advised the bot that DeFi is a “marketing term for what is actually centralised finance to defr...
Pakistan and Egypt at Risk of Currency Crisis – Trustnodes
Pakistan and Egypt are the latest countries to develop a monetary crisis as their currencies plunge while inflation jumps. Pakistan, a country with a GDP of $350 billion, is running out of money with ...
Arizona Senator Pushes Bill To Make Crypto Legal Form Of Currency
In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith...
The U.K. government is recruiting for a head to its central bank digital currency project
The economic and financial ministry of the United Kingdom’s government, known as His Majesty’s Treasury, is in the process of hiring a head of central bank digital currency (CBDC) to overs...
Elon Musk applauds reports on Latam common digital currency
Brazil and Argentina are reportedly working on the creation of a common currency. Elon Musk, the CEO of Twitter and Tesla, has given his opinion on the Latin American countries’ plans, stating that th...
UK gov’t is hiring a central bank digital currency lead for Treasury team
HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U....
Digital Currency Group’s Luno cuts 35% of staff
Luno, the crypto exchange owned by Digital Currency Group, reduced its workforce by 35%. The London-based firm told employees about the layoffs earlier today. Luno had a total headcount of 960, ...
Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries – Economics Bitcoin News
President of Brazil Luis Inacio Lula Da Silva clarified the scope and reach of the common currency that Brazil and Argentina are studying to issue in Latam. Lula Da Silva clarified that he believed th...
Argentina And Brazil Want To Introduce A Common Currency And Reduce Dependence On The USD
The governments of Brazil and Argentina will discuss the introduction of a common currency between the two countries. This step will form the second largest united economic bloc in the world, si...
FBI confirms that Lazarus Group and APT38 engaged in currency theft
The FBI’s thorough investigation, which was duly and meticulously carried out, leads them to believe that the Lazarus Group and APT38 committed the theft from Harmony’s Horizon Bridge. As per the cont...
Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other natio...
Brazil and Argentina explore a common currency
The CEO of Coinbase, Brian Armstrong, suggested that Brazil and Argentina should switch to Bitcoin (BTC) as their national currency as Brazil and Argentina were beginning preparatory work for a potent...
Bitcoin Takes The Spotlight As Brazil And Argentina Mulls Creating A Common Currency ⋆ ZyCrypto
Advertisement     This week, Brazil and Argentina are set to declare the initiation of preparations for a shared currency, a move that could result in the formation of...
Coinbase CEO Criticized for Suggesting Bitcoin Common Currency
Coinbase’s Brian Armstrong was called out on Twitter for suggesting that Brazil and Argentina look into Bitcoin as a currency. The two countries will start discussions for a common currency this week....
Norway’s digital currency project raises privacy questions
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the regional level. Howeve...
Opinion: Digital Currency Group’s Genesis implosion: What comes next?
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we ...
TRON’s Technical Outlook : Decoding The Currency Potential For Growth
Golden crossover is about to take place on the daily chart. Currently , TRON is trading near its 50 EMA (the blue line) and 200 EMA (the green line). There is a probability that a Golden Crossover wil...