CurrencyFeaturedHong Kong takes first step towards central bank digital currencyIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency... Read more
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 SalvadorWebAdminSeptember 7, 2021 by WebAdminSeptember 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 N50,000WebAdminSeptember 1, 2021 by WebAdminSeptember 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 2022WebAdminAugust 20, 2021 by WebAdminAugust 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 paymentsWebAdminJuly 29, 2021 by WebAdminJuly 29, 2021 The e-commerce giant is however focused on looking into developments in crypto... Read more
CurrencyFeaturedEther overtakes bitcoin as the most exchanged cryptoWebAdminJuly 7, 2021 by WebAdminJuly 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 yuanWebAdminJune 15, 2021 by WebAdminJune 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?WebAdminJune 9, 2021 by WebAdminJune 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