Page 2 of digital currency

Reportedly, SEC sued Terraform Labs and Kwon in February

SEC signals appeal to crypto Ripple ruling in response to Terra case

SEC’s remarks came in for a filing from lawyers for Terraform Labs and Kwon that cited Ripple ruling to dismiss…

July 24, 2023 13:09 IST

Reportedly, digital yuan’s adoption still hasn’t reached the level with regard to China’s 1.4 billion population

Digital yuan transaction quantity to record close to $250 billion

According to Cointelegraph, Yi Gang, governor, People’s Bank of China, stated that digital yuan was able to clock 1.8 trillion…

July 20, 2023 16:03 IST

Hong Kong Monetary Authority is planning for the second phase of the e-HKD

Future around CBDC projected by South Korean central bank’s report

According to Cointelegraph, the BOK-Wire+ fast payment mechanism will progress to RTGS and has taken into account ISO 20022 standard

July 20, 2023 12:00 IST

Going by sources, CoinShares is a digital asset manager

Biggest DeFi lender Aave set to launch decentralised stablecoin

Stablecoins, which are pegged at a one dollar value, are considered popular on such platforms

July 17, 2023 16:11 IST

It’s believed that the central bank aims to reach one million CBDC transactions per day

HDFC Bank signs up over 100,000 customers in digital rupee pilots

The lender also linked the CBDC and UPI for merchants and customers

July 13, 2023 18:53 IST

Upbit is a South Korea-based cryptocurrency exchange

Stablecoin issuers told to start preparing for 2024 EU rules

Under EU’s MiCA regulations, stablecoin operators will be required to hold a license

July 12, 2023 17:05 IST

The Swiss National Bank said in June that it would issue a wholesale CBDC

Twenty-four central banks will have digital currencies by 2030 – BIS survey

Reportedly, central banks have been working on digital versions of their currencies for retail use

July 10, 2023 17:40 IST

Reportedly, Winklevoss twins shot to fame after they sued Meta Platforms founder

Deadline set by crypto’s Winklevoss looms for Genesis repayment deal

A bankruptcy court appointed a mediator in to help Genesis, DCG and its creditors agree on a restructuring plan

July 6, 2023 10:53 IST

The study’s aim would be to see if crypto and gold oriented funds would hedge against inflation

General Assembly approves bill for North Carolina to conduct Bitcoin research

According to Cointelegraph, the bill was passed to ensure a $50,000 funding for the project

June 29, 2023 18:22 IST

Reportedly, ECB will go ahead with additional development and testing

European Commission focuses on global digital euro adoption through proposal

According to Cointelegraph, the proposal comprises digital euro-backed facilities, privacy protection and offline payments

June 29, 2023 14:53 IST

Stablecoins such as TrueUSD are digital tokens designed to keep a one-to-one value

An obscure stablecoin is at the center of Binance reclamation efforts

Despite its rise, TrueUSD reportedly remains a small player in the stablecoin universe

June 23, 2023 14:15 IST

It’s believed that regulators have stepped up their scrutiny of stablecoins

Japan’s biggest bank MUFG is in talks to issue global stablecoins

Reportedly, Japan’s stablecoin law became operative on June 1

June 23, 2023 11:47 IST

Ten central banks out of 14 are exploring issuing a national digital tender

IMF working hard on global CBDC platform concept, Georgieva says

It’s believed that such a platform would avoid an underutilisation of CBDCs

June 19, 2023 19:10 IST

Reportedly, Mastercard has created a CBDC debit card

BOE a step closer to launching digital pound after project Rosalind study

The report from the experiment found that a CBDC could make payments between individuals

June 19, 2023 16:50 IST

In conclusion, CBDCs are poised to shape the future of money and regulation

How CBDCs are shaping the future of money

Reportedly, the introduction of CBDCs also raises humanitarian considerations

June 17, 2023 14:30 IST

On November 29, 2022, a RBI press release informed on the pilot launch for retail Digital Rupee

RBI expects to have one million CBDC users post June

Reportedly, T Rabi Sankar of RBI addressed on the expectation

June 8, 2023 13:27 IST

Reportedly, e-RUPI was launched by National Payments Corporation of India

RBI to permit issuance of the e-RUPI digital voucher beyond banks

This step intends to make e-RUPI digital voucher available to more users

June 8, 2023 12:17 IST

Going by HAYVN’s official website, it’s digital asset-based platform

HAYVN permits digital asset-based transactions through EUR and GBP

According to an official release, HAYVN is now capable of settling all G7 currencies for clients

June 5, 2023 14:00 IST

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Tourists may soon pay more in London: Mayor Sadiq Khan signals support for ‘Tourist Tax’

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Mayor Sadiq Khan has indicated that London may soon implement a tourist tax for overnight visitors. The proposed tax would be around 5% of the accommodation cost or a fixed-rate equivalent. It is estimated that this could raise up to £240m a year and improve the city’s infrastructure and business environment.

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