Digital Currency Financial News

23.09 / 13:25

Blockchain Adoption Digital Currency China accounts for 84% of all blockchain patent applications, but there's a catch

China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official.

14.09 / 18:19

business Law Digital Currency Scams Want to keep exchanges like Celsius from seizing your money? Be a 'custody client'

Disgraced cryptocurrency lender Celsius Network asked a court this month to return assets to its “custody clients,” but not to its “earn-and-borrow” customers. Wondering how to keep yourself in the former group when the crypto exchange you’re using goes under? Here’s a summary.

24.08 / 15:42

cryptocurrency Digital Currency CryptoExplainer digital euro European Policymaker Sees Several Benefits To Possible Digital Euro

ECB's Rehn sees several benefits to possible digital euro

18.08 / 16:07

Technology Adoption Digital Currency Ukraine has shown the value cryptocurrency offers to real people

The world is still struggling to comprehend the geopolitical and human impact of the Ukraine war. With more than 10 million people fleeing their homes and 6 million seeking refuge in foreign countries, it's been a time to support a sovereign country under attack.

17.08 / 17:03

business Binance Digital Currency Withdrawals Binance assures users after 3rd-party glitch briefly halted withdrawals

Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party provider, according to Binance.

16.08 / 06:19

Blockchain Digital Currency Social Media 19 celebrities called out by consumer watchdog group for shilling NFTs

Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects.

11.08 / 09:05

Blockchain Digital Currency Social Media Bitcoin 21-year-old got ‘thought-provoking’ questions after teaching crypto to old folks

When assisted senior living home The Preston of the Park Cities approached Owen Robertson to hold a course on crypto, NFTs, and the Metaverse for their residents, the 21-year-old didn’t expect how quickly they’d pick up on the complex topics.

08.08 / 05:33

cryptocurrency Digital Currency Web3 Metaverse How the metaverse accelerates economic development for emerging economies

Metaverse’. This comes at a time when the inflation rate has reached its peak due to siloed ecosystems, distribution nightmares, and the rising costs of centralization control — which is pushing the dire need for decentralized architecture. However, the rising advancement of virtual and augmented reality technologies have made businesses and nations recognize the potential of the virtual worlds.

23.07 / 01:17

business Digital Currency Banks Africa Board urges Bank of Central African States to introduce common digital currency: Report

The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board.

11.07 / 11:35

cryptocurrency Digital Currency Cross-border Global Digital Currency Rules Must For Cross-Border Payments: UK Think Tank

UK think tank calls for global digital currency rules

09.06 / 15:29

cryptocurrency Digital Currency Money PayPal adds new crypto tool allowing some users to move assets like Bitcoin to external wallets

Some PayPal customers can now move their cryptocurrencies such as Bitcoin from their accounts to external wallets and exchanges.

01.06 / 14:03

cryptocurrency Stablecoin Digital Currency Bitcoin Holdings Crypto Holdings Safeguards capital rules Terra collapse: Regulators eye stablecoin safeguards and capital rules for banks’ crypto holdings

Global regulators plan to complete work by the end of the year on how much capital banks should hold to cover crypto assets on their books.

26.05 / 13:43

cryptocurrency Digital Currency Ruble Will Russia’s digital ruble shield its economy from Western sanctions?

A waiver issued by the US Treasury allowing Russia to still transfer payments for its foreign bonds despite Western sanctions expired on Wednesday, leaving Moscow to face an eventual, inevitable default.

26.05 / 13:29

Digital Currency Currency Fed's Brainard sees case for central bank digital currency

version of the U.S. dollar could help ensure financial system stability as crypo-assets and digital currencies developed by other countries become increasingly popular, Federal Reserve Vice Chair Lael Brainard said on Wednesday. «As we assess the future digital financial system, it is prudent to consider how to preserve ready public access to safe central bank money, perhaps through the digital analogue of the Federal Reserve's issuance of physical currency,» Brainard said in testimony released in advance of her appearance on the issue before the U.S. House of Representatives Financial Services Committee on Thursday. «We recognize there are risks of not acting, just as there are risks of acting,» she said.

25.05 / 12:03

cryptocurrency Stablecoin Digital Currency Terra Luna Bitcoin Terra Luna crash: What are ‘stablecoins’ and how stable are they really?

The world of cryptocurrencies was sent into a spin with the collapse of stablecoin TerraUSD and its sister coin Luna, whose prices crashed earlier this month.

19.05 / 08:47

cryptocurrency Digital Currency Bitcoin Russia to legalise Bitcoin and other cryptocurrencies for payments 'sooner or later' says minister

Russia will sooner or later legalise cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be moving closer to settling their differences.

29.04 / 07:55

Blockchain Adoption Digital Currency Residents of 3 Chinese cities paying taxes and charges with digital yuan

Residents in three major Chinese cities have begun paying tax, stamp duty and social security premiums using the country’s central bank digital currency — the digital yuan (e-CNY).

28.04 / 23:47

business Digital Currency regulation Derivatives Executive Agency FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate

Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke Thursday at the Crypto Bahamas conference on the topic of U.S. crypto regulation. He called the current U.S. regulations, many of which were written in the 1930s, “nonapplicable” to the current financial reality of cryptocurrencies.

12.04 / 16:23

Digital Currency regulation Bitcoin Brazilian central bank president confirms CBDC pilot will launch in 2022

The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported.

31.03 / 16:53

markets Digital Currency Investments Trading Zilliqa's 'metaverse' debut pumps ZIL price 350% in just five days — selloff ahead?

Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April.

14.03 / 09:55

Digital Currency Gold Volatility What is stablecoin?

digital currency that is backed by a reserve asset like gold or currencies like the US dollar. 2. This pegging to a stable asset reduces its volatility. 3. It has a combination of stability of fiat currency and flexibility of a digital currency.

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