CurrencyFeaturedBank of England names reps from Asos, PayPal and Spotify in CBDC forumIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC... Read more
CurrencyFeaturedBitcoin’s value will be more than $500,000 in five yearsIFM CorrespondentSeptember 16, 2021 by IFM CorrespondentSeptember 16, 2021 Despite its volatile nature, experts are predicting a bright future for the crypto... Read more
CurrencyFeaturedBitcoin is officially a legal tender in El SalvadorInternational Finance Business DeskSeptember 7, 2021 by International Finance Business DeskSeptember 7, 2021 The country recently bought its first 400 bitcoins in two tranches of 200... Read more
CurrencyFeaturedCentral Bank of Nigeria caps transfer limit for e-Naira at N50,000International Finance Business DeskSeptember 1, 2021 by International Finance Business DeskSeptember 1, 2021 According to the central bank, e-Naira will be officially unveiled later this year... Read more
CurrencyFeaturedBank of Thailand to begin testing CBDC in Q2 2022International Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more
CurrencyFeaturedAmazon denies reports of accepting crypto paymentsInternational Finance Business DeskJuly 29, 2021 by International Finance Business DeskJuly 29, 2021 The e-commerce giant is however focused on looking into developments in crypto... Read more
CurrencyFeaturedEther overtakes bitcoin as the most exchanged cryptoInternational Finance Business DeskJuly 7, 2021 by International Finance Business DeskJuly 7, 2021 Ether surpassed bitcoin for the first time in daily active addresses last week... Read more
CurrencyFeaturedChina completes its first on-chain wage payouts using digital yuanInternational Finance Business DeskJune 15, 2021 by International Finance Business DeskJune 15, 2021 The blockchain-based digital yuan is now live in China’s Xiong’an New Area... Read more
CurrencyFeaturedBitcoin to become legal tender in El Salvador?International Finance Business DeskJune 9, 2021 by International Finance Business DeskJune 9, 2021 The proposed legislation for making bitcoin a legal tender has been drafted and soon it will be presented to the country’s Congress... Read more
CurrencyFeaturedStanChart to launch new crypto platform for UK and European clientsInternational Finance Business DeskJune 3, 2021June 3, 2021 by International Finance Business DeskJune 3, 2021June 3, 2021 The joint venture between Standard Chartered and BC group is unnamed and it is also subjected to regulatory approval... Read more