According to Bloomberg, Myanmar’s military government is planning to introduce its own digital currency in the region to bolster its economic prosperity. As sources report, a top spokesperson at the S...
Tag: Digital
Crypto Philanthropy Explodes in 2021 As Bitcoin Loses Most-Donated Digital Asset Crown to This Coin: Report
Cryptophilanthropy exploded last year despite a lack of regulation, according to a company that helps nonprofits leverage crypto. The Giving Block says in a new 2021 annual report that their total don...
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential dangers of using digital yua...
Senator sounds the alarm on international rollout of digital yuan during Beijing Olympics
advertisement One senator is calling on US President Joe Biden’s cabinet to watch out for China’s digital yuan, which is seeing its first international usage during the Winter Olympics in ...
Gather Relaunches Online Product to Disrupt Digital Advertising Model
Digital monetisation platform Gather has relaunched Gather Online, a product that allows publishers to earn revenue without ads. The venture, which has been four years in the making, leverages Gather’...
The Fed and MIT Publish Central Bank Digital Currency Technical Research
We saw the publishing of technical research and open-source code that could be the groundwork for digitizing the greenback. There were no definitive plans to develop a CBDC mentioned in the paper as a...
India’s 30% Proposed Digital Asset Tax is Positive, says CoinSwitch CEO
At 30%, India’s tax rate on income from digital assets is unarguably steep. Ashish Singhal, the Chief Executive Officer and founder of CoinSwitch told CNBC in an interview that this proposed legislati...
MIT, Boston Fed go public with ‘Project Hamilton’ central bank digital currency research
Open-source software developed in a collaborative research project between the Federal Reserve of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative was released ...
Why The US Is Taking So Long To Build A Digital Dollar
conceptual finance image of American one hundred dollar bill and binary code of one and zero getty What Happened On January 20th 2022, the US Federal Reserve Board released its initial concept paper f...
Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech – Bitcoin News
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new op...
Galaxy Digital Announces Sustainability Plan, Touts 80% Clean Mining
In brief Galaxy’s new “sustainability program” will focus on environmental, social and governance issues The move comes at a time of growing scrutiny about the impact of crypto firms...
These rules by this NFT creator could keep digital artworks safe from hackers
One of many sectors that boomed exponentially within the cryptocurrency sector last year was that of non-fungible tokens (NFT). Its growth in sales volume from just around $94 million in 2020 to $24.9...
CBDC Will Strengthen The Digital Economy
The Prime Minister of India – Narendra Modi – displayed his sympathy towards central bank digital currencies (CBDCs). He believes that they would boost the economy in the years to come. Modi Is Lookin...
Philadelphia set to develop its digital asset
TL; DR Breakdown Philadelphia is ramping up plans to develop its digital asset The city will partner with CityCoins for the project Mining the token will not cause harm to the environment Last year, t...
Bitcoin Would Benefit from Digital USD Launch, Grayscale CEO Says, Here’s How
Yuri Molchan Head of Grayscale believes that digital USD would help Bitcoin, here’s why During his appearance on another episode of CNBC’s Squawk Box show, head of Grayscale Investments Mi...
Crypto Winter? Coin Bureau Says Digital Assets Are Completely Different From Last Bear Market – Here’s Why
The host of the popular YouTube channel Coin Bureau thinks digital assets are in a completely different place than they were during the “crypto winter” of 2018/2019. The pseudonymous analyst known as ...
Grayscale debuts ETF to track digital asset-based equities index
advertisement Grayscale Investments has launched the Grayscale Future of Finance ETF, according to an announcement issued on Wednesday. The move marks the crypto investment giant’s maiden foray into t...
Is Digital Dollar an end to Companies Like PayPal?
Digital Currency can transform the way society thinks about money. The rise of cryptocurrencies such as Bitcoin, Ethereum, and thousands of other cryptocurrencies have woken up the central banks, who ...
India Proposes 30% Tax on Crypto Income, Announces Digital Rupee Launch
The government of India revealed on Tuesday that it would be launching a digital rupee and start taxing income from crypto, The Hindustan Times reported. In her Budget 2022 presentation, Indian financ...
As Physical Retail Resurges, These eCommerce Leaders Are Doubling Down On Digital
While some shoppers are flocking back to stores, the idea that the pandemic has irreversibly changed shopping behaviors still appears to have merit. To compete with pure-play eCommerce giants like Am...
Crypto and Digital Asset Investments See Second Week of Inflows
Digital asset and crypto investment products saw inflows for a second week in a row in the new year, albeit a rather weak $19 million. Although small, “it continues to suggest investors are beginning ...
Solana Pay Launches Into Crowded Digital Payments Space
On Feb. 1, Solana Labs announced the launch of Solana Pay in a joint collaboration Circle, Checkout.com, Citcon, Phantom, FTX, and Slope. The announcement stated that the premise behind the new servic...
India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI – Regulation Bitcoin News
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-2...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet – Bitcoin News
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blo...
Shares of Digital Asset Management Platform Bakkt Correct 90% in Three Months after Launch
While Bakkt faces 90% erosion in its market cap, the company spokesperson confirms that they are well capitalized for their long-term plans. While cryptocurrency prices have plummeted severely over th...
Maze Theory And Pluto Digital Joint Venture Creates New Blockchain Studio- EMERGENT GAMES
With £4m Investment LONDON, — Today, brand-new gaming blockchain and metaverse studio Emergent Games announces its formation as part of a joint venture between the London-based digital entertainment ...
Solana Labs releases payments protocol for digital commerce: Solana Pay
Solana Labs has launched a payments protocol called Solana Pay to let merchants accept crypto payments directly from consumers. With Solana Pay, merchants can accept the USDC stablecoin, Solana’...
Play-to-Earn Games Introduced to Japan via Digital Entertainment Asset Pte. Ltd. (DEA) and BITPOINT
Place/Date: Tokyo, Japan – February 1st, 2022 at 4:55 pm UTC · 3 min read Contact: Honami Soeda, Source: DEA Singaporean blockchain gaming and entertainment company Digital Entertainment Asset ...
India Introducing 30% Crypto Tax Amid Digital Rupee Plans
Authorities in India have decided to introduce a tax on cryptocurrency transactions, in addition to issuing a digital currency within the next two years. Finance Minister Nirmala Sitharaman made these...
Buy, earn, and cash-out with the combination of traditional finances and digital assets.
The monumental rise of decentralized finance has opened up the doors to mass crypto adoption, with more innovative protocols launching to cater to the clients’ demands. Today, several DeFi protocols o...
India’s Finance Minister Says CBDC Digital Rupee Could Be Coming By FY 2022-2023
Speaking earlier today at India’s budget session, Indian Finance Minister Nirmala Sitharaman said that India will introduce its central bank digital currency (CBDC) aka Digital Rupee in the next finan...