The proposal, while shot down, is an example of growing misdirection in regulatory stances.

Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The...

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Private banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor of the Bank of Mexico to offer the help of the group of private banks for the creation of a […]

XRP and Stellar’s XLM are both among the market’s top 40 cryptocurrencies – and rival siblings too. The link between them is technologist Jed McCaleb, who founded Ripple and then left to co-found the Stellar Development Foundation [SDF]. Analysts, journalists, and traders admittedly love business rivalries and a dramatic backstory, especially with the SEC v. […]

Kenya joins the growing list of countries that are exploring national digital currency options. The Central Bank of Kenya has said the use of a Central Bank Digital Currency (CBDC) could enhance cross-border payments by making them more efficient and less costly. More and more countries are now exploring a CBDC option. Earlier, the Indian […]

The idea of creating and developing a Central Bank Digital Currency (CBDC) has been ongoing for a long time. Although China officially brought the idea to the fray, many countries have been riding on the ongoing trend. While some are done, others are just brainstorming on how to create their CBDC. One such country is […]

India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman said while presenting the Union budget today. The finance minister also revealed that the country’s central bank will issue a national digital currency in the upcoming year. Industry estimates suggest 15 million to 20 million crypto […]

Jared Kushner – the son-in-law of President Donald J. Trump – allegedly sought to establish a national digital currency while he was working in the White House, according to leaked emails. While serving as a senior advisor to the President in the year 2018, Kushner spoke regularly with Steven Mnuchin, the person in charge of...

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On January 21, the Bank of Russia received a call from an anonymous person who reported that their premises were rigged with explosives. Among other reasons, the criminal cited the possible ban on cryptocurrencies.

In the face of massive sanctions, top Iranian official believes cryptocurrency is a solution. The country is now looking to launch its CBDC in a pilot phase.

Chinese local media outlets report that approximately a fifth of the country’s population, some 261 million people, have set up wallets for the country’s central bank digital currency (CBDC), the digital renminbi (RMB). The information was revealed at a press conference held by the State Council Information Office on Jan 18. The reports also mentioned […]

Read full post 20% of the Chinese population has set up wallets for the country’s CBDC. on Chaintimes.com.

The Israeli policymakers are testing the risks of the digital shekels but also its many possibilities as we are taking a closer look in today’s cryptocurrency news. The Bank of Israel is sampling the opinion of the interest groups in its bid to create a national digital currency and in the quest not to fall […]