UK-based fintech Mode holds £750,000 worth of bitcoin
The company allocated 10% of its cash reserves to purchase more bitcoin...
Tag : currency
Turkey’s lira depreciates to an all-time low due to inflamed political tensions
The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent...
Blockstream CEO expects bitcoin to hit $1 tn mark by 2022
For this to come true, the market will need to witness an increase of around 400% in the next two years...
Indonesia, Japan develop interbank trading of yen and rupiah
The move will help to strengthen bilateral trade and investment...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
Is China pushing for an universal currency?
China recently announced pilot programmes for its digital currency in three regions...
Ride-hailing platform DiDi Chuxing to run trail for China’s CBDC
It entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China...
Huawei to boost blockchain development in Shenzhen, China
Huawei will also help establish the Kunpeng industrial demonstration zone to accelerate the application of AI, big data and 5G...
Bitcoin: The new gold in a declining global economy?
Professional investors seek easier access to Bitcoin and that’s what Asia’s first bitcoin mutual fund promises to offer...
Bank of Japan urges central banks to understand the nuances of digital currency first
The bank emphasises the importance of understanding digital currencies and the consequences of issuing them...