The Brazilian central bank is looking to launch its digital currency in 2024 following a closed pilot program next year in collaboration with financial institutions. The Central Bank of Brazil will la...
Tag: Currency
Philippines NFT Market Intelligence Report 2022: A $12.5+ Billion Industry by 2028 – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Philippines NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been add...
Malaysia NFT Market Intelligence and Future Growth Dynamics Report 2022: A $3+ Billion Market by 2028 – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Malaysia NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added ...
Chinese Company Launches Digital Currency Insurance Product – Featured Bitcoin News
The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The...
Turkey Orders Banks to Limit Foreign Currency Holdings
(Bloomberg) — Turkey’s banking regulator changed a rule to push commercial lenders to hold less foreign currency for their needs following a warning letter last week. Most Read from Bloomberg Th...
Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
Genesis’ extended withdrawal freeze – the lender has told its creditors it will take weeks rather than days to find a solution – continues to weigh on crypto markets, Bernstein said in a research repo...
Denmark NFT Market Intelligence Report 2022: Market is Expected to Grow by 44.1% to Reach $191.6 Million in 2022 – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Denmark NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added t...
Major Grayscale digital currency funds are trading at 34% to 69% discount to NAV
According to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently at a discount of 34% to 69% to their net asset va...
Austria NFT Market Intelligence and Future Growth Dynamics Databook Report 2022: A $1.89 Billion Market by 2028 – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Austria NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added t...
Spain NFT Market Intelligence Report 2022: Market to Grow by 41.2% to Reach $564.6 Million in 2022 – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Spain NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the sam...
Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News
Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Put...
The financing of North Korea’s nuclear development comes from digital currency theft. Now that FTX has fallen, may it also?
Join Our Telegram channel to stay up to date on breaking news coverage The repercussions of FTX, the second-largest cryptocurrency exchange in the world, declaring bankruptcy earlier this month have b...
India launches first central bank digital currency
India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes...
Venezuelan currency falls about 40% against the U.S. dollar, Know what the analysts said
The Bolivar, which is the currency of Venezuela is losing its worth at a fearsome rate after experiencing a duration of relative firmness newly. The currency plunges about 40% against the dollar of th...
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem – Economics Bitcoin News
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and...
Australia Will Not Treat Digital Assets Like Foreign Currency
Australia has made a specific taxation decision when it comes to crypto assets, and members of the industry and active traders are not happy about it. Australia May Have Made a Severe Choice Regarding...
Digital Currency Group Reveals $2 Billion Debt in Investor Letter
Digital Currency Group (DCG) has published a letter to investors clarifying its financial standing while also showing the web of intercompany loans between it and its subsidiary Genesis Global Capital...
Disaster looms for Digital Currency Group thanks to regulators and whales
The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto...
Argentina May Adopt BTC as Legal Currency, to Introduce Bitcoin bonds
El Salvador’s Economy Minister, Maria Luisa Hayem Brevé, has introduced a new Digital Assets Issuance Bill. The proposed legislation intends to create a National Digital Assets Commission to supervis...
CEO of Digital Currency Group Reveals Monetary Terms With Genesis
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Japan Kicks Off Central Bank Digital Currency Experiment
Japan’s central bank has started planning a central bank digital currency (CBDC) experiment with the country’s major financial players, according to a major newspaper report today. The Bank of Japan ...
Berkshire Scores Big With Japanese Investments. Currency Hedge Is Key.
One of Berkshire Hathaway ‘s bigger investment scores in recent years was the purchase of a group of five Japanese trading companies that now are showing an estimated profit of about $4 billion on an ...
Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M
Amid concerns over the health and future of Digital Currency Group (DCG) following the collapse of crypto exchange FTX, company CEO Barry Silbert told shareholders of the crypto conglomerate that whil...
JPMorgan Chase Granted Wallet Trademark Covering Various Virtual Currency and Crypto Payment Services – Featured Bitcoin News
The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual...
Digital Currency Group Owes Genesis Trading Arm $575 Million by May
Digital Currency Group (DCG) CEO Barry Silbert recently shared a letter with investors illuminating the cryptocurrency conglomerate’s web of external and intercompany loans. Among them is a newly dis...
Can You Gamble with Cryptocurrency or Bitcoin Gambling vs Normal Currency
In its recent growth, the online casino industry has integrated digital coins, attracting more players to the system. Significant differences arise from normal currency casinos despite both serving th...
Beware The Interaction Between Currency And Equity Markets
The US dollar (USD) has had a strong year versus most currencies in the world. In this article we explain this move and its impact on the global equity markets. The rise of the USD has coincided with ...
Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary
Key Takeaways In a shareholder letter, Digital Currency Group revealed that it has borrowed $575 million from Genesis Global Capital, its own subsidiary. Silbert also revealed the existence of a $1.1 ...