Digital Currency News

Sovereign states and central banks could digitize paper money and be the concrete alternative to Libra.

Are crypto tokens different than coins? An ultimate guide to all forms of digital currencies.

Speaking to Italian journalists, Ren Zhengfei said Beijing should not wait for others to issue Libra-style tokens.

China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says.

Companies such as Google and Amazon will launch a product in the crypto industry, say Gemini co-founders.

Busan, South Korea’s second biggest city, seeks to develop a local crypto in partnership with BNK Busan Bank.

Augustin Carstens revealed the ‘bank of central banks’ is actively supporting members’ efforts to issue tokens.

The CEO of NZIA Ltd, the firm developing the Bahamas’ central bank digital currency, said that startups will be key to its adoption

The Central Bank of the Bahamas is moving forward with its state-backed digital currency by entering a new agreement.

A private digital currency provider says peer-to-peer technology ensures every user’s account is kept “out of reach to any prying eyes.”

An adviser to Russian President Vladimir Putin proposed to adopt a digital currency in Crimea to attract foreign investment.

The Bank of Russia believes that CBDCs can reduce transaction costs in the economy and provide an asset that is less risky.

The platform had previously undergone a private testnet release and will now gather feedback from users.

Jay Clayton drew attention to the ongoing engagement with the crypto space and enforcement of existing legislation.

The State Bank of Pakistan, the nation’s central bank, aims to issue a digital currency by 2025.