Spotlight
Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over centralized control.
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Digital Currency News
For two decades, the digital currency paradigm was a largely fringe concept championed by cryptography advocates before the launch of the cryptocurrency Bitcoin (BTC) in 2008, which heralded a new technological and social phenomenon.
While the goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security, digital currencies more broadly encompass any digital form of money, including the more recent trend of central bank digital currencies, or CBDCs.
Currently in development in China and other countries, these digital currencies may leverage blockchain technology for secure payments but with added capital controls and surveillance practices in stark contrast with the ethos of cryptocurrencies.
The future of digital currencies is uncertain. Will CBDCs become the dominant form of digital cash adopted by the masses, or will people opt into a more open, secure, permissionless financial system in the form of Bitcoin and the crypto economy?
- News
Deutsche Börse CEO Stephan Leithner calls for a permanent digital euro, citing its role in financial stability, efficiency and EU autonomy.
7759 - News
Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy through gradual CBDC adoption.
9502 - Interview
Safenet aims to be a layer connecting existing blockchains and allowing users to interact with any chain through a single account.
1601 - Opinion
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability.
2185 - News
The Bank of Canada’s research revealed mixed views on a digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.
13685 - Analysis
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts.
2318 - News
The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.
3758 - Spotlight
An open financial infrastructure demonstrates the revolutionary potential of blockchain technology in the field of payment and clearing while bridging real-world assets with digital economy.
14119 - News
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.
2146 - News
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.
3158 - News
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
5195 - News
This is the second crypto investigation the US securities regulator dropped this week.
16046 - News
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the Sand Dollar in 2020 — and is now looking for ways to boost its adoption.
3356 - News
The Treasury’s fight against illicit finance will focus on better regulations, greater enforcement and AI.
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