national cryptocurrency – DIGIT INFO

Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market

DIGIT — Sat, 22 Jan 2022 07:30:52 +0000

The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other areas. Iran to […]

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The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October

DIGIT — Wed, 16 Sep 2020 06:01:23 +0000

The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month.

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Top Facts on China’s Crypto Yuan and Related Blockchain Projects

DIGIT — Thu, 07 May 2020 12:56:00 +0000

As China stops the spread of COVID-19 inside the country, the government announced two of the largest crypto and blockchain-related developments.

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BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT

DIGIT — Tue, 26 Nov 2019 16:15:04 +0000

BRICS countries are discussing the launch of a cross-national cryptocurrency to replace the U.S. dollar and enable freedom of trade

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Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?

DIGIT — Fri, 09 Aug 2019 21:05:27 +0000

Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency

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Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

DIGIT — Tue, 16 Jul 2019 22:30:31 +0000

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The […]

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Details of Iran’s National Cryptocurrency Unveiled

DIGIT — Tue, 28 Aug 2018 13:19:04 +0000

Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Built on Hyperledger Informatics […]

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Iran Expected to Lift Cryptocurrency Ban in September

DIGIT — Mon, 27 Aug 2018 18:15:17 +0000

The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. Also Read: Thailand Updates […]

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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

DIGIT — Wed, 13 Jun 2018 02:34:02 +0000

The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also […]

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$2.5 Billion Sent Out of Iran to Purchase Cryptocurrencies

DIGIT — Wed, 09 May 2018 03:52:54 +0000

The chairman of the economic committee of Iran’s parliament has revealed that Iranians have sent more than $2.5 billion out of the country to purchase cryptocurrencies with. His statement follows the country’s central bank banning local banks from dealing with digital currencies including bitcoin. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $2.5 Billion […]

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