Tag: digital currency

Apr 12 2021

Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to...

Apr 04 2021

VC Money Continues to Flow into Crypto: Firms Received More Funding Last Quarter than Entirety of 2020

Without a doubt, the mainstream resurgence of cryptos have spurred on new movements within the industry, ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs). These red-hot sub-industries within the broader crypto scene have resulted in hundreds if not thousands of new startups -- and venture capitalists are pouring money into them like never before....

Mar 31 2021

Breaking Down Coinbase’s Ex-SEC Hire as Crypto Regulations Mount

Cryptocurrency exchange Coinbase announced today that it hired Brett Redfearn, ex-director of SEC’s trading and markets division, to run its capital markets arm. These recent regulatory...

Mar 29 2021

Visa to Accept Cryptocurrencies for Payment Settlements

According to Reuters, Visa announced today that it will begin accepting cryptocurrency USD Coin (USDC) to settle transactions on its payment network. The move by the fintech giant coincides with the growing institutional acceptance...

Mar 22 2021

China’s Digital Currency Project Head Says, “Anonymity Is Not Feasible”

Mar 22 2021 Published at Crypto Briefing under tags  cbdc china digital currency education

The head of China's central bank digital currency (CBDC) research said in a business convention that complete anonymity is impossible. China Firm on "Controllable" Privacy of CBDC Mu Changchun, the Chinese head of the Digital Currency Institute, said that they would follow the policy...

Mar 02 2021

Cryptos Rally off Equity Markets and Institutional Interest

The Crypto market rose on Monday as new macro factors and institutional interest weighed in. Cryptos Recover from Selloff Following last week’s sell- off, Bitcoin and the broader crypto market rallied alongside the US equity markets. Bitcoin (BTC) retraced back up to $49,000, with Ethereum (ETH) recovering to $1,500. The biggest crypto names all recovered to varying degrees, except for...

New Indicators Point to Bitcoin Sell-off Slowing Down

Mar 02 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin price btc btc price crypto

New Indicators Point to Bitcoin Sell-off Slow Down As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be slowing down. SOPR dips in “full reset” For the first time since September 2020, the...

Feb 23 2021

Chinese Central Bank, Others to Test CBDC-Based Cross-Border Payments

It is not clear if the central bank consortium will use digital yuan for settlement.

Feb 11 2021

Feb 10 2021

Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico

Feb 10 2021 Published at CoinDesk under tags  amazon business digital currency news

Job postings describe a walled garden-type digital currency that could roll out in emerging economies.

Jan 11 2021

Countries and Digital Currencies in the Next Year

Find out which countries have launched their digital currencies, what this means for Bitcoin and cryptocurrency and how this could affect future markets.

Dec 24 2020

Japan Gearing Up to Launch Its Own Digital Currency: Report

Dec 24 2020 Published at CoinDesk under tags  digital currency japan launches news

The group is preparing to conduct a feasibility study for its virtual currency in 2021.

Dec 16 2020

Digital Currency Regulation Gets Backing From G7 Finance Officials

The need for the regulation of digital currencies has received backing from the G7 financial officials. These G7 financial officials consist of central bankers and finance ministers from the Group of Seven (G7) advanced economies. The U.S. Treasury Department recently released a statement that shows that the G7 finance officials have strongly supported that digital currencies should be regulated, as...

Dec 14 2020

Sweden Considers a Shift Towards e-Krona

Less than 10 percent of Swedish transactions are made in cash.

Dec 11 2020

Dec 04 2020

Citigroup Helping World Governments Build Digital Currencies, CEO Says

Dec 04 2020 Published at CoinDesk under tags  cbdc citi digital currency news

Michael Corbat's multinational banking giant has been calling digital currency all but inevitable since 2014.

Nov 20 2020

ECB President Christine Lagarde Says She Has a Hunch That Europe Will Release a Digital Euro

European Central Bank president Christine Lagarde thinks it’s more likely than not that Europe will decide to release a digital euro. When commenting on the digital euro, Lagarde also explained that the ECB isn’t racing to be the first to release a central bank digital currency, but added that she believes the bank will decide about this project shortly.

Nov 13 2020

Christine Lagarde Feels ECB Will Launch a Digital Euro

The ECB President said that the bank will issue a digital euro in the next two to four years.

Nov 05 2020

Jack Ma Predicts a Bright Future for Digital Currencies

Jack Ma is the founder of Alibaba, a major Chinese e-commerce company. In a speech at the Bund Summit in Shanghai, Ma global regulations and expressed his support for digital currencies. He believes digital currencies are very significant for a new economy and financial system.

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