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 ...
Tag: Digital
Galaxy Digital CEO slams FTX founder for running around the Bahamas committing fraud
CEO of crypto investment firm Galaxy Digital, Mike Novogratz, has questioned the current freedom enjoyed by FTX cryptocurrency exchange founder Sam Bankman-Fried despite fraud allegations facing him. ...
Japan’s central bank to issue experimental digital yen in early 2023
The Japanese central bank will begin experiments with a proof-of-concept digital yen early next year, Nikkei reported. The Bank of Japan will work with several unnamed financial institutions to...
India to Roll Out Retail Digital Rupee Pilot Program in December
India has plans to later integrate the digital rupee with the existing bank apps and services. Following the successful testing of the wholesale digital rupee (e-rupee), India is ready to launch the ...
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
The bill, presented by the country’s Minister of Economy, Maria Luisa Hayem Breve, to the Legislative Assembly of El Salvador. The bill seeks to establish a National Digital Assets Commission th...
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...
El Salvador lawmakers to consider regulation for issuing digital assets
A committee within El Salvador’s Legislative Assembly is considering a long-awaited law aimed at regulating digital asset service providers and issuers in the country. The so-called ̶...
Deputy Bank of England Governor Says Digital Pound Might Be Necessary
Join Our Telegram channel to stay up to date on breaking news coverage The deputy governor at the Bank of England, Jon Cunliffe, has said that the United Kingdom might need a digital pound. Cunliffe s...
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...
Binance’s CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale – Then Backtracks
Battles between crypto exchange titans has driven much of this month’s chaos in the industry. The latest salvo from Binance’s CEO appears to have been inaccurate. On Tuesday, Binance CEO C...
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 ...
Gemini Still Working With Genesis, Digital Currency Group to Unlock Earn User Withdrawals
There is still no word on when users of Gemini’s Earn service will be able to withdraw their funds, but this morning the exchange tweeted it’s continuing “to work with [lending partner] Genesis and it...
Digital Assets of our products are safe: Grayscale Investments
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Eternal Digital Assets Launches Premier Marketplace for Web3 Domains
Blockchain startup Eternal Digital Assets (EDA) announces the launch of its premier marketplace for trading Web3 domains and other digital assets. The newly launched platform is the first in the Web3 ...
MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3
– Advertisement – The fourth edition of The Hop comes to a close this year, ending a cycle of 4 editions in which more than 35 pilot projects were undertaken in Spain and Brazil. The fourt...
U.S. Banks Launch a Blockchain Test for the Digital Dollar
Join Our Telegram channel to stay up to date on breaking news coverage The bankruptcy of FTX has rocked the cryptocurrency market to its very core, yet traditional financial institutions are stepping ...
US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve ⋆ ZyCrypto
Advertisement     Several U.S. banking institutions are working on a Proof-of-Concept digital money platform that could morph into a CBDC. The financial institutions a...
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’ – Bitcoin News
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlem...
GBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’ – Bitcoin News
On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared information on the safety and security associated with Grayscale’s digital asset products. The update from G...
Nouriel Roubini Says with Bankruptcy Risk to Digital Currency Group Bitcoin May Drop Harder
Yuri Molchan Prominent economist keeps bashing crypto space, saying that Barry Silbert’s DCG may go bankrupt and push prices lower Contents Roubini claims Barry Silbert’s DCG may be at risk Taking a j...
Peter Schiff predicted the 2008 financial crash — now he sees the total destruction of digital currencies very soon. Here are 3 assets he likes instead
‘This is crypto extinction’: Peter Schiff predicted the 2008 financial crash — now he sees the total destruction of digital currencies very soon. Here are 3 assets he likes instead With the massive pu...
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads – Regulation Bitcoin News
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legisl...
950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed – Featured Bitcoin News
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan ...
Banks still show interest in digital assets and DeFi amid market chaos
The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks are showing interest in digital assets and decentralized finance (DeFi). This year in partic...
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Securities Commission of the Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. In a Nov. 17...
Crypto-Friendly New York City Mayor Eric Adams Still Supports Digital Assets Despite FTX Implosion: Report
New York City mayor Eric Adams’ stance on crypto is reportedly undeterred by the recent collapse of the FTX exchange. Adams has converted his first three paychecks into Bitcoin (BTC) and Ethereum (ETH...
Aquanow Awarded CrossTech’s 2022 Digital Innovation Award
VANCOUVER, British Columbia–(BUSINESS WIRE)–Aquanow, Canada’s leading digital assets infrastructure and liquidity provider, is pleased to announce that the judges at CrossTech have recognized the comp...
Nickel Digital has around $12 million stuck on hobbled crypto exchange FTX
Crypto investment firm Nickel Digital Asset Management has around $12 million of its funds’ capital stuck on FTX after the exchange halted client withdrawals and filed for bankruptcy protection....