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
China’s push for blockchain technology gained steam after 2019 when President Xi Jinping called for corporations from tech giants to become industry leaders in ...
China accounts for 84% of all blockchain patent applications, but there's a catch
Prashant Jha
2022-09-23T11:22:13+01:00
3633
Opinion
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges.
Learn from Celsius: Stop exchanges from taking your money
Tony Dhanjal
2022-09-14T15:56:58+01:00
3346
News
The blockchain company has been pushing hard into the CBDC space since piloting its CBDC Private Ledger aimed at central banks in March 2021.
Ripple adviser teases ’more CBDC announcements in the next few weeks’
Felix Ng
2022-09-07T06:33:46+01:00
6835
Opinion
Crypto can act as protection against inflation, but not until it establishes its fundamentals and achieves mass adoption.
Crypto will become an inflation hedge — just not yet
Jarek Hirniak
2022-08-27T21:48:14+01:00
10757
Opinion
Crypto adoption should be about more than speculative trading outside of your regular bank account.
DeFi needs to start creating real-world value if it wants to survive
Till Wendler
2022-08-20T21:34:09+01:00
10790
News
An independent review from the accounting firm BDO reported that the stablecoin issuer's total assets exceed its consolidated liabilities.
Independent Tether attestation reveals 58% decrease in commercial paper holdings
Savannah Fortis
2022-08-19T17:45:00+01:00
3595
Opinion
Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto.
Ukraine has shown the value cryptocurrency offers to real people
Ian Taylor
2022-08-18T13:07:00+01:00
3065
News
The exchange cited technical issues as the reasons for halting withdrawals across multiple networks earlier this morning.
Binance assures users after 3rd-party glitch briefly halted withdrawals
Savannah Fortis
2022-08-17T14:59:05+01:00
2413

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