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ECB promotes digital euro, calms fears

In December, the European Central Bank published a paper demonstrating why it’s a mistake to assume CBDCs and fiat money are subject to the same conditions, CoinFi reported. The authors of the paper pointed out that it’s a bad time for fees, yet raised the issue of whether the CBDC would be sustainable without a […] The post ECB promotes digital euro, calms fears appeared first on Invezz. дальше »

2021-12-5 17:05


UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax

HM Revenue and Customs (HMRC) says cryptocurrencies do not qualify as money or commodities and are not exempt from the digital services tax. The tax office has also informed online crypto exchanges that they are subject to the tax, according to a report from The Telegraph, which says it is designed to ensure tech firms […] The post UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax first appeared on BitcoinExchangeGuide. дальше »

2021-11-30 23:57


CBDC Is A “Better” Alternative to Stablecoins, Which Are Unlikely to be Regulated Money, says BoE Governor

Andrew Bailey, the Governor of Bank of England, yet again shared his criticism of stablecoins as he said that he did not believe that stablecoins are likely to evolve into safe, regulated money, which means central bank digital currencies (CBDCs) will more likely be the future for electronic payments. дальше »

2021-11-25 17:57


China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan

The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police's crackdown on the first-ever case of money laundering using the The post China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan appeared first on AMBCrypto. дальше »

2021-11-4 20:00


All About The New Ukrainian Unicorn Weld Money And The WELD Token Sale

What is Weld Money about? Firstly, it’s the first cryptocurrency card service managed to sign agreements on the card-issuing with the CIS region’s banks and regulatory authorities. Speaking more detailed, it’s an issuer of a fiat Visa card which can be easily connected to any crypto exchanges and wallets storing digital assets and make purchases […] дальше »

2021-10-12 22:07


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Decline In Cash Usage Could Force New Zealand To Launch Digital Currency

Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […] дальше »

2021-10-6 17:40


Tinder Introducing Virtual Currency, “Useful For Gifting Digital Goods,” in the Dating App

Tinder, a popular dating app, is rolling out an in-app currency to encourage users to spend more time swiping, scrolling, and even spending real money on the app. This new feature involving virtual currency will be initially available only in Australia because it’s a market that is representative of the company’s global member base. дальше »

2021-10-5 15:38


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 18:12