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
The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.
70% of Jamaica population to adopt CBDC in 5 years, prime minister says
Erhan Kahraman
2022-01-17T09:41:27+00:00
5648
News
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, o...
Hong Kong begins discussions to introduce stablecoin regulatory framework
Arijit Sarkar
2022-01-15T06:25:18+00:00
6531
News
Various educational and developmental Bitcoin projects from around the world have now been granted funding, according to the Foundation.
Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
Griffin Shenkel
2022-01-06T21:02:06+00:00
3734
News
While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland.
Major payments app WeChat to add support for China's digital yuan
Arnold Kirimi
2022-01-06T13:32:04+00:00
3074
News
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021.
Bank of Jamaica completes first CBDC pilot
Helen Partz
2022-01-03T09:33:09+00:00
6837
Analysis
Charitable crypto campaigns aim to give back this holiday season, demonstrating how effective cryptocurrency and NFT donations can be for donations.
Spreading holiday joy through charitable giving with cryptocurrency
Rachel Wolfson
2021-12-25T19:52:00+00:00
5165
Analysis
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors.
Beware of sophisticated scams and rug pulls, as thugs target crypto users
Rachel Wolfson
2021-12-24T17:14:00+00:00
11247
News
The NUG finance minister said using Tether would enhance trade speed and payment efficiency.
Myanmar shadow government declares stablecoin USDT an official currency
Prashant Jha
2021-12-13T11:26:11+00:00
13808

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