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Official explains why China CBDC should not be as anonymous as cash

July 26, 2022 by DIGIT

While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. Go to Source Powered by WPeMatico

Categories Anonymity, Cash, CBDC, Central Bank, China, Fiat Money, People's Bank of China, Privacy, Yuan

Binance-owned Trust Wallet adds buy option via Binance Connect

June 22, 2022 by DIGIT

Binance’s self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. Go to Source Powered by WPeMatico

Categories Binance, Cryptocurrencies, Cryptocurrency Exchange, Fiat Money, Wallet, web3

Tether to launch GBPT stablecoin pegged to British pound sterling

June 22, 2022 by DIGIT

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Fiat Money, Stablecoin, Tether, United Kingdom

Tether aims to decrease commercial paper backing of USDT to zero

June 15, 2022 by DIGIT

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. Go to Source Powered by WPeMatico

Categories Banks, Cryptocurrencies, Dollar, Fiat Money, Tether, United States

Bitcoin ecosystem makes a U-turn recovery in global ATM installations

June 11, 2022 by DIGIT

Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June. Go to Source Powered by WPeMatico

Categories ATM, Bitcoin Payments, CoinATMRadar, Cryptocurrencies, Ecosystem, Fiat Money

Bitcoin gains superior to stocks in the long term, economist says

May 13, 2022 by DIGIT

Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Fiat Money, Huobi, Investments, nasdaq, Predictions, shares, Stocks, Technology

Ukraine bans Bitcoin purchases with local currency amid martial law

April 22, 2022 by DIGIT

Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300. Go to Source Powered by WPeMatico

Categories Central Bank, Cryptocurrencies, Cryptocurrency Exchange, Fiat Money, forex, Ukraine

Fitting the bill: US Congress eyes e-cash as an alternative to CBDC

April 15, 2022 by DIGIT

From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash? Go to Source Powered by WPeMatico

Categories Cash, CBDC, Cryptocurrencies, Federal Reserve, Fiat Money, Future of Money, US Government, USA

New crypto card by Nexo allows users to pay without selling Bitcoin

April 13, 2022 by DIGIT

Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019. Go to Source Powered by WPeMatico

Categories credit cards, Cryptocurrencies, Europe, Fiat Money, Loans, MasterCard, Payments

Jamaican central bank to airdrop Jam-Dex CBDC to early adopters

March 11, 2022 by DIGIT

“Jamaica Digital Exchange” — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage. Go to Source Powered by WPeMatico

Categories CBDC, Decentralization, DEX, Fiat Money, Government, Jamaica
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%
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  • bitcoinBitcoin(BTC)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%