2023-5-13 20:20 |
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency.
Similar to Notcoin - Blum - Airdrops In 2024
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Vietnam has become the latest country to explore central bank digital currency (CBDC), although the government has said that a sovereign digital currency would not replace the country’s fiat. Vietnam’s Proposed Digital Currency not a Cash Replacement According to Nikkei Asia on Monday (July 12, 2021), the decision by the Vietnamese government to explore theRead More
2021-7-13 23:00 | |
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The perception of cryptocurrencies is changing rapidly. Earlier, countries like Vietnam had warned its citizens, not to "gamble" in virtual money, however, as tides change, the government's outlook haThe post State Bank of Vietnam to research, 'develop, and pilot the use of virtual currency' appeared first on AMBCrypto.
2021-7-12 15:00 | |
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The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible problems in a more broad testing environment. China is preparing […]
2021-7-10 09:00 | |
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Japan’s central bank digital currency plans will reportedly take shape by the end of 2022 as CBDC development across the globe gathers pace. With China leading the charge, other major economies seem to be working towards international collaboration to counter Beijing’s national digital currency ascendency.
2021-7-5 19:00 | |
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The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers.
2021-7-3 00:30 | |
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With the federal government implicitly defaulting on its debt, we're living through a currency system shift.
2021-6-26 15:00 | |
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Some of the largest crypto exchanges in India are set to join the country’s internet advocacy body in a bid to exert pressure on the government regarding cryptocurrency regulations. India has yet to release any formalized decree on virtual currency regulations but numerous speculations abound about how the state will treat digital assets. ZebPay toRead More
2021-6-22 12:00 | |
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It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More
2021-6-17 19:00 | |
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Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […]
2021-6-15 00:30 | |
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Pieter Hasekamp is calling for a complete ban on crypto — mining, trading, and holding because they are only good at privacy which is used by criminals, while government money works just fine with “hardly any currency devaluation.
2021-6-12 19:53 | |
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Former US congressman Ron Paul says he wants to legitimize the dollar’s competitors, such as bitcoin, and let the people, not the government, pick which currency to use. He said, “Freedom of choice will sort it out.
2021-6-4 02:31 | |
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Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region.
2021-5-31 09:00 | |
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After China cracking down on bitcoin mining, we now get information about the government of the Inner Mongolia region proposing eight new measures to slow down or phase out virtual currency mining activity.
2021-5-26 20:40 | |
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The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […]
2021-5-22 18:06 | |
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The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics.
2021-5-21 05:30 | |
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Unsurprisingly, the pandemic has driven many of us to rely on digital forms of payments over cash. In fact, 25% of US consumers use less cash now than before March 2020. Additionally, government policies around the world are now pushing towards digital currency adoption to foment contactless payments.
2021-5-20 21:35 | |
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With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants.
2021-5-11 23:00 | |
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Iran is set for a landmark moment as it has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners to pay for imports. This development follows recent consultations within the government.
2021-4-28 06:00 | |
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The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency.
2021-4-19 12:37 | |
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Macau’s government is taking steps toward introducing a digital currency to combat tax evasion and money laundering in the gambling hub.
2021-4-15 08:49 | |
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The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […]
2021-4-14 19:15 | |
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According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […]
2021-4-9 10:30 | |
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The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan Province. It has announced an event with the hopes of publicizing the use of the new digital currency. Members of the Sansha City government, including their staff, enterprises, and permanent residents, will be the main participants of this trial.
2021-4-9 18:31 | |
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Per a report by NBS Television, Uganda is planning to build a futuristic city. The project has received the green light from the local government and is set to be completed by 2036. American singer of Senegalese origin, Akon, has been awarded one square mile of land to carry out the project. To be named […]
2021-4-6 00:11 | |
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What is a CBDC? A CBDC, or a “central bank digital currency,” is a virtual rendering of a country’s government backed, central bank controlled currency, as you can probably glean from the title. In other words, they can be called a national cryptocurrency.
2021-3-24 14:54 | |
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The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
2021-3-24 11:00 | |
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China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency (CBDC). It had earlier announced the commencement of trials for its digital yuan. The government gave out digital yuan to citizens as part of the test, encouraging retailers to accept it as a payment medium.
2021-3-3 13:44 | |
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India changed a banking ban on crypto trading in March 2020. The government has openly spoken about introducing its cryptocurrency while banning others in the unknown Crypto and Regulation of Official Digital Currency 2021 Bill.
2021-3-2 08:00 | |
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As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam.
2021-2-28 04:00 | |
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Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with […]
2021-2-15 04:15 | |
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CryptoNinjas » Crypto payment gateway COINQVEST gets EU provider license COINQVEST, a cryptocurrency payment gateway, and API solution, today announced the approval of its application for the European Union Virtual Currency Service Provider License from the Estonian Government.
2021-2-10 02:03 | |
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The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament.
2021-2-2 15:20 | |
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The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s parliament.
2021-1-30 12:05 | |
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Hawaii’s government has invited established crypto firms to join the Digital Currency Innovation Lab (DCIL) program, which seeks to boost financial innovation in the country. The government unveiled this news through a news release on January 25, noting that all interested firms should apply through the Hawaii Technology Development Corporation (HTDC) website.
2021-1-27 15:20 | |
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Multiple Chinese are planning to underpin pilots of the country’s sovereign central bank digital currency dubbed Digital Currency Electronic Payment (DCEP). These plans are part of the cities’ government work plans for the year.
2021-1-27 09:19 | |
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The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.
2021-1-26 20:55 | |
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The new administration is said to be more crypto friendly than the outgoing Trump government. The post Former Ripple advisor to become US ‘Comptroller of the Currency’ under Joe Biden appeared first on CryptoSlate.
2021-1-22 03:00 | |
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The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More
2021-1-20 00:00 | |
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Cryptocurrency startup Anchorage Hold LLC has received conditional approval from the US currency control office to become an official federal government bank. Qualified Custodian for Institutional Investors Anchorage, now officially known as the National Association of Anchorage Digital Bank, was the first cryptocurrency company to receive the Bundesbank charter. It is an essential milestone inRead More
2021-1-14 20:00 | |
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Fresh from enacting its ban on the sale of crypto derivatives to retail traders, the U.K. Financial Conduct Authority (FCA) has issued new warnings about crypto investments to consumers. Meanwhile, commercial banks in the country are adopting a more anti-cryptocurrency stance refusing to accept deposits from virtual currency sources even as the government appears setRead More
2021-1-11 20:00 | |
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Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection.
2021-1-7 20:00 | |
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The Ukraine government is looking to develop a central bank digital currency (CBDC) following a collaboration with the Stellar Development Foundation (SDF). Ukraine to Develop CBDC on the Stellar Blockchain Network Ukraine’s Ministry of Digital Transformation has inked a Memorandum of Understanding (MoU) with the SDF for its CBDC project. The partnership will see theRead More
2021-1-6 21:30 | |
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Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests.
2021-1-6 20:00 | |
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XRP supporters have come forth to fight for the digital asset as it performs poorly after the SEC filed a lawsuit against it. To this end, a person with the initials J. W filed a petition. Through this move, the proponent seeks to collect signatures from supporters to help XRP overcome the lawsuit, in which the SEC claims the coin is a security.
2021-1-4 19:56 | |
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The Stellar Development Foundation's work with Ukraine's government to digitize the hryvnia will officially launch this month.
2021-1-5 17:00 | |
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The Shenzhen government has given away $3 million worth-of Digital Yuan as it conducts… The post China moves closer to nationwide digital currency launch appeared first on Coin Journal.
2021-1-5 16:06 | |
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The XRP community is asking the U. S government to recognize XRP as a cryptocurrency. To achieve this, the community has started a petition which already has over 21,00 signatures at the time of this report.
2021-1-3 22:34 | |
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The two most popular Asian exchanges are Binance and KuCoin and both were based in China. After Chinese government banned digital currency exchanges, they both moved to Hong Kong, while Binance later on moved on to Malta even though current reports from TheBlock claim that Binance is not incorporated there but rather on some other, […] The post Binance vs.
2021-1-3 19:25 | |
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We the people… On Dec. 29, a petition on the US White House web site appeared regarding the fate of the Ripple Labs token XRP. The appeal asked the government to stand by a Financial Crimes Enforcement Network (FinCEN) determination that XRP is a currency.
2021-1-2 17:18 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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On Dec. 6, US President-elect Donald Trump announced on Truth Social that David Sacks has been named the “White House AI and Crypto Czar. ” In his new role, Sacks will lead efforts to establish a legal framework for crypto regulation and chair the Presidential Council of Advisors for Science and Technology.
U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan.
The co-author of Biden’s executive order on crypto Carole House has rejoined the White House as Special Advisor for Cybersecurity and Critical Infrastructure Policy. Carole House, a former director of cybersecurity and secure digital innovation for the White House who…
Issued Monday, President Biden's executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.
With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft and OpenAI.
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.