Turkey could be ready to Launch National Digital Currency in 2020

2019-11-7 19:13

Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape.

Meanwhile, bitcoin adoption continues to grow in the country exceeding average ownership statistics inRead MoreRead More. The post by Osato Avan-Nomayo appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\. origin »

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Источник: Cripyo.news

digital currency → Результатов: 126

India to regulate crypto via taxes, expand RBI-backed digital currency

India is doubling down on its controlled approach to digital assets by tightening oversight and expanding the reach of its central bank digital currency (CBDC). During the India-Qatar Joint Commission on Economic and Commercial Cooperation, Commerce Minister Piyush Goyal said the government will continue regulating cryptocurrencies through taxation while broadening access to the Reserve Bank […]

2025-10-8 14:39
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Stablecoins are inevitable but can’t scale without a truly private digital dollar | Opinion

We don’t have to accept a world where using a digital currency means giving up on confidentiality, argues Georgi Koreli

2025-3-25 14:51	United States
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Digital Currency Group records 59% rise in revenues despite legal troubles

Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the fourth quarter of 2023.

2024-2-14 21:48
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Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds

The economic evidence appears to support calls to cap how much central bank digital currency people can hold, to stop them fleeing banks all together.

2022-7-28 14:06	policy
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Dr. Doom’s Crypto Embrace? We’re All Just Figuring Things Out

Bitcoin skeptic Nouriel Roubini’s surprising initiative to develop a digital currency underscores why the industry is still developing.

2022-5-10 21:03	Layer 2
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Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency

In response to the global cryptocurrency boom, the United Arab Emirates has become a hub for the industry as a result of its crypto-friendly legislation, which have made it a favorite destination for digital currency aficionados.

2022-5-9 13:44	U.A.E.
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Best 11 Ethereum Wallets [iOS, Android, Desktop, Hardware]

Apart from Bitcoin, there is another digital currency, which seems to have great potential. This digital currency is growing rapidly among all cryptocurrencies. This digital currency is Ethereum.

2022-3-29 11:25	Wallets
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Iran looking to pilot its sovereign digital currency

Iran has been paying a lot of focus to cryptocurrencies going by its recent developments. A recent report states that the country could soon unveil a pilot for a central bank digital currency (CBDC).

2022-1-21 14:03	Cryptocurrency
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A Newbie Investor’s Guide To Crypto Trading In Australia

Cryptocurrency has been earning its good reputation in the world of investment for years now. This virtual or digital currency relies on highly secured cryptography to avoid double-spending and other counterfeiting issues.

2022-1-6 17:00	Press Release
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Republic of Palau Partners with Ripple to Develop Digital Currency Strategy

We’re excited to announce a new partnership with the Republic of Palau to explore the country’s first national digital currency and its use cases with the XRP Ledger (XRPL). The partnership will initially focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau.

2021-11-25 01:00	Insights
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It's now or never — The US has to prepare itself for digital currency

If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations.

2021-9-25 16:34	China
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Best 11 Ethereum Wallets 2021 [iOS, Android, Desktop, Hardware]

Apart from Bitcoin, there is another digital currency, which seems to have great potentials. This digital currency is growing rapidly among all cryptocurrencies. This digital currency is Ethereum.

2021-9-17 09:21	Wallets
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Edward Snowden Predicts Massive Bitcoin Adoption by Governments

El Salvador became the first country in the world to officially recognize the cryptocurrency as legal tender this week. The news comes after President Nayib Bukele introduced legislation to accept the digital currency — alongside the US dollar — back in June and started to build out new financial infrastructure with the digital […]

2021-9-11 18:52	the digest
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Singapore central bank shortlists 15 companies to develop retail CBDC

The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”

2021-8-30 13:30	Financial Services
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IMF intends to 'ramp up' digital currency monitoring

The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions.

2021-7-30 21:00
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A “Digital Dollar” Doesn’t Fix This

Federal Reserve Chair Jerome Powell thinks a central bank digital currency would obsolete bitcoin. He's way off.

2021-7-17 15:00
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HIVE приобрела 3019 майнеров у «дочки» Digital Currency Group

Представленная на фондовой бирже Торонто и Nasdaq майнинговая компания HIVE Blockchain приобрела 3019 майнеров MicroBT WhatsMiner M30S у дочерней структуры Digital Currency Group — Foundry Digital LLC.

2021-7-13 15:43	майнинг
digital currency hive group приобрела 3019 майнеров

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FinCEN Brings Michele Korver As First “Chief Digital Currency Advisor”

The U.S. FinCEN has hired Michele Korver, previously in the DOJ Digital Currency Council, as the first-ever Chief Digital Currency Advisor.

2021-7-6 19:54	Regulation
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Japan: CBDC Plans to Take Shape in Late 2022, Says Government Official

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	Japan
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China has started paying builders in Xiong’an region with digital yuan

China has always been vocal about blockchain technology and the launch of central bank digital currency (CBDC). The country is also on the right track to roll out the first-ever government-issued digital currency for its citizens.

2021-6-16 14:45	Cryptocurrency
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Bank of Indonesia joins central bank digital currency race

After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency.

2021-5-26 19:30	Payments
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After a remarkable run, social media sentiment sours on DOGE

Americans carried the digital currency higher, but their enthusiasm may be waning.

2021-4-18 19:29
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Macau’s high-rolling casino industry faces a digital currency threat

The island-nation of Macau is inching closer to the launch of its state-backed digital currency as it looks to shed off money launderers and fraudsters from the casinos and gambling dens that dot the city, as per a report today on Bloomberg.

2021-4-16 19:00	Technology
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Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico

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

2021-2-11 02:46	Digital Currency
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Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year

China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency.

2021-2-9 15:05
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Digital Reserve Currency объявила о выходе на русскоязычный рынок

DeFi-экосистема Digital Reserve Currency локализовала основные разделы сайта и запустила Telegram-чат для русскоязычной аудитории. Об этом журналу ForkLog сообщили представители проекта. Команда Digital Reverse Currency перевела на русский язык white paper, дорожную карту и другие документы проекта.

2021-2-6 14:00	Новости DeFi
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BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’

Bank of England Governor Andrew Bailey has no love lost for Bitcoin and believes the days of cryptocurrencies are numbered. Speaking on a panel about digital currencies at the Davos-based World Economic Forum on Monday, Bailey said, “Have we landed on what I would call the design, governance, and arrangements for what I might call a […] The post BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’ first appeared on BitcoinExchangeGuide.

2021-1-26 18:25	Legal & Regulation
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Top-tier Chinese cities announce support for digital Yuan trials

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	Cryptocurrency
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China moves closer to nationwide digital currency launch

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	Digital Yuan
digital currency china launch moves nationwide closer

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The Federal Reserve Suddenly Dislikes Central Bank Digital Currency Idea

Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve. There are no proven benefits to a central bank digital currency at this time.

2020-6-20 00:30	Federal Reserve
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Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency

Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.

2020-4-24 17:55	Starbucks
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United States' fiat currency needs re-evaluation, in light of digital Yuan

Central banks across the globe are now pondering on the question of issuing a central bank digital currency [CBDC]. Having started with Facebook's Libra and China's public embrace of blockchain last yThe post United States' fiat currency needs re-evaluation, in light of digital Yuan appeared first on AMBCrypto.

2020-3-31 11:30	Trading View
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China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report

The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […]

2020-3-24 18:23	CBDC
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Will COVID-19 speed the transition to digital currency?

COVID-19 has highlighted a distinct disadvantage of physical cash, which may speed the transition to digital currency.

2020-3-23 14:01	BNC insights
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Swedish Central Bank Bids to Host BIS Hub for Digital Currency Research

Sweden’s Riksbank says its digital currency researchers are the best in central banking.

2020-3-18 12:30
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Bahamian Central Bank to Roll Out Digital Currency in H2 2020

Another tropical island country is set to get its own digital currency. The Bahamas’ Central Bank governor John Rolle yesterday confirmed that the digital Bahamian dollar will be rolled out by the second half of 2020.

2020-2-14 16:30
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Japan Lawmakers Proposes Close Coordination with the US over Digital Currency

Politicians in Japan are appealing to the G7 members to collaborate and perform research on digital currency as a response to China’s schedule to launch the digital Yuan. Some Japanese lawmakers believe China's Digital Currency Electronic Payment (DCEP) could spread widely among the emerging economies and threaten the dollar's dominance.

2020-2-8 00:02	Blockchain Technology
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Federal Reserve Considers ‘FedCoin’ Digital Currency

The US Federal Reserve (Fed) is the latest major central bank to consider issuing its own digital currency. Last month, its European, British, and Japanese counterparts formed a group to study the benefits of the so-called central bank digital currency (CBDC).

2020-2-6 14:30
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Liberal-Democratic Party of Japan proposes state-issued digital currency

According to the Nikkei Shimbun, the ruling Liberal-Democratic Party of Japan (LDP) will gather recommendations in the spring regarding a state-issued digital currency.

2020-1-31 14:05	BNC insights
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Europe Central Bank Proposes ‘Unattractive’ Rates for Digital Currency

ECB research suggests it would continue discouraging saving money if it issued digital currency

2020-1-3 14:47
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Top 11 Best Ethereum Wallets 2020 [iOS, Android, Desktop, Hardware]

Apart from Bitcoin, there is another digital currency, which seems to have great potentials. This digital currency is growing rapidly among all cryptocurrencies. This digital currency is Ethereum.

2020-1-2 22:48	Wallets
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The Bahamas Will Launch a Digital Currency Pilot Tomorrow

A new “digital fiat currency” for the Bahamas could turn the island nation in to a crypto testbed.

2019-12-27 21:10
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Tencent Sets Eyes on Digital Currency Research Group

Coinspeaker Tencent Sets Eyes on Digital Currency Research GroupTencent is going to create a digital currency research group to support the development of a digital payment sector by using blockchain technology.

2019-12-24 15:02	WeChat
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PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin

According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed.

2019-12-23 10:21	StableCoin
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Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot

Sweden has picked Accenture to handle its e-krona digital currency pilot.

2019-12-14 00:03
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People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities

Coinspeaker People’s Bank of China Is to Try Out Its New Digital Currency in Two CitiesThe People's Bank of China is preparing for testing its digital currency in the cities of Shenzhen and Suzhou.

2019-12-9 11:48	Xi Jinping
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Why Ven is the World’s Most Stable Digital Currency

As Bitcoin rises and falls without warning over the past six months, investors, institutions, and crypto-enthusiasts are turning to less volatile digital coin alternatives. The digital currency shifting how we view cryptocurrency and the utility of blockchain are called stablecoins.

2019-7-10 11:46	Press releases
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Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020

The Central Bank of the Bahamas will sign an official agreement tomorrow to develop its digital fiat currency system called “Project Sand Dollar”

2019-5-30 19:42	Payments
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390 +

How safe are cryptocurrency payments?

Cryptocurrencies, according to the dictionary, are “a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

2019-4-1 17:30	No Index
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Most Digital Tokens ‘Will Go to Zero’ Says Digital Currency Group CEO

The CEO and founder of Digital Currency Group and Grayscale Investments said that most digital token valuations will decrease to zero

2019-2-15 05:00	Gold
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Turkey Sets Sights On Crypto Control: New Era Of Licensing And Taxation Unfolds

In a move to regulate the crypto market in its region, Turkey is gearing up to implement new rules centered on “licensing” and “taxation.” This development comes as the country sheds its status on the Financial Action Task Force’s (FATF) “grey list,” which flags potential risks in money laundering and financial crimes. The upcoming regulations […]

Authorities in Turkey investigating FTX

Turkey's Financial Crimes Investigation Board (MASAK) has launched an investigation on the FTX's local arm collapse that occurred last week.

40,000 Years For Crypto Scam: A Turkish Prosecutor Seeks Harshest Jail Time For CEO At Large

A Turkish prosecutor wants to slap the founders and executives of the Thodex cryptocurrency exchange with what could be the harshest prison sentence of all time. Bloomberg reported Friday, citing Demiroren News Agency, that the charges against Istanbul-based Thodex crypto exchange seeks sentences of up to 40,564 years for each of the 21 accused. According […]

IRS Reveals Plans to Seize Crypto Held by Tax Dodgers

The U.S. Internal Revenue Service (IRS) revealed that it has plans to seize citizens' crypto assets in order to settle unpaid taxes. The post IRS Reveals Plans to Seize Crypto Held by Tax Dodgers appeared first on BeInCrypto.

Turkey Central Bank to Prohibit the Use of Crypto for Payments

The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country. Turkey Bans Crypto Payments The CBRT announced the new legislation via the Resmi Gazete, otherwise known as the Official Gazette,Read More

What Changed in Crypto Markets While You Were Sleeping — April 16

Bitcoin update Bitcoin has been moving downward since April 14 when it reached an all-time high price of $64,895. Currently, it’s returned to the $61,500 zone that it previously broke out from. It’s in the process of validating the level as support.

2019-11-7 19:13

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