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Tag: digital currency

Home›Posts Tagged "digital currency"
  • Russian currency
    By Lawrence C. Saleh
    March 11, 2022
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    Countries Developing Central Bank Digital Currency (CBDC)

    A central bank digital currency (CBDC) is a digital form of cash issued by a country’s central bank. Digital forms of money are already widely used ...
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  • Russian currency
    By Lawrence C. Saleh
    February 21, 2022
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    China’s digital currency push faces an uphill battle

    The Yomiuri Shimbun, The Japan News/ANN Tue 22 Feb 2022 12:00 AM Last updated on: Tue Feb 22 2022 00:00 The e-CNY app is seen on ...
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  • Russian currency
    By Lawrence C. Saleh
    February 17, 2022
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    FBI to Form Digital Currency Unit, Justice Department Brings in New Crypto Czar

    WASHINGTON, Feb 17 (Reuters) – The U.S. Justice Department has tapped a seasoned computer crimes prosecutor to lead its new National Cryptocurrency Enforcement Team and announced ...
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  • Russian currency
    By Lawrence C. Saleh
    February 9, 2022
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    Russia will recognize crypto as a form of currency this year

    Russia may soon join the ranks of countries recognizing cryptocurrency as a form of currency. The Bank of Russia and the government have reached an agreement ...
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  • Russian currency
    By Lawrence C. Saleh
    February 9, 2022
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    Russia Set to Recognize Crypto as a Form of Currency

    Regulators hope to ‘bring the digital currency industry out of the shadows’ Establishing rules for the circulation of crypto would ‘minimize the threat to the Russian ...
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  • Russian currency
    By Lawrence C. Saleh
    February 8, 2022
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    China’s Digital Currency Could Overturn US Sanctions, Improve Surveillance Capabilities CryptoGlobe

    A US senator has warned against China’s central bank digital currency. “Analysts have raised eCNY’s potential to reverse U.S. sanctions, facilitate illicit money flows, bolster China’s ...
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  • Russian currency
    By Lawrence C. Saleh
    February 3, 2022
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    Russian Finance Ministry Submits Proposals for Digital Currency Regulation

    Just days after the future of Russia’s digital currency industry looked bleak following a proposed ban, the country’s finance ministry submitted proposals for a regulatory framework ...
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  • Russian currency
    By Lawrence C. Saleh
    February 2, 2022
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    Russian TON Community Offers Expertise for Creation of Digital Currency in India

    According to the information available on their website, it is a third-generation proof-of-stake blockchain designed. Russia-based The Open Network (TON) blockchain community has offered its professional ...
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  • Russian currency
    By Lawrence C. Saleh
    January 21, 2022
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    The Fed’s working paper explores the pros and cons of central bank digital currency

    The Federal Reserve Board has released a discussion paper outlining the potential benefits, risks, and policy considerations for a US central bank digital currency. the paper ...
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  • Russian currency
    By Lawrence C. Saleh
    January 21, 2022
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    Federal Reserve releases long-awaited paper on potential central bank digital currency

    The Federal Reserve finally issued a much-delayed advisory paper yesterday, speaking out on the pros and cons of developing its own central bank digital currency (CBDC), ...
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  • Russian currency
    By Lawrence C. Saleh
    January 20, 2022
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    China’s Central Bank Digital Currency Now Has 261 Million Users – $14 Billion in Digital Yuan Transactions Made Cryptocurrency

    China’s central bank digital currency now has 261 million unique users, according to a central bank official, the People’s Bank of China (PBOC). Additionally, transactions worth ...
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  • Russian currency
    By Lawrence C. Saleh
    January 14, 2022
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    US Lawmaker Introduces Bill Banning Fed From Issuing Digital Currency Directly To Individuals Cointelegraph

    A US lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It ...
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  • Russian currency
    By Lawrence C. Saleh
    December 25, 2021
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    Bank of Russia to allow digital currency investments, but only through foreign companies

    Russia has given mixed messages about digital currencies almost every other day, ranging from banning them one day to legalizing them the next. The latest from ...
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  • Russian currency
    By Lawrence C. Saleh
    December 24, 2021
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    Thai c.bank will test retail digital currency later than expected

    The central bank of Thailand is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo Join now for FREE unlimited ...
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  • Russian currency
    By Lawrence C. Saleh
    December 21, 2021
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    Yeah or Nan? What is Russia’s position on digital currency?

    The world of crypto is quite fascinating. If you venture into the cryptography world, you will either be exposed to risk or rewarded with richness. But ...
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  • Russian currency
    By Lawrence C. Saleh
    December 10, 2021
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    US Leads China in ‘Space Race for Digital Currency’, Crypto Official Says

    As the global race for digital currency intensifies, Circle CEO Jeremy Allaire believes the broader adoption of stable currency expected with regulatory clarity from Washington may ...
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  • Russian currency
    By Lawrence C. Saleh
    December 7, 2021
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    Central Bank of Zimbabwe studies digital currency, rejects cryptocurrency

    RIYAD: Australia turned the heads of crypto enthusiasts on Wednesday with the country’s treasurer Josh Frydenberg announcing a consultation on digital currency reforms. In a speech ...
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  • Russian currency
    By Lawrence C. Saleh
    December 7, 2021
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    Australia’s central bank sees potential in wholesale digital currency

    A worker is reflected in a wall at the Reserve Bank of Australia (RBA) headquarters in central Sydney, Australia, March 1, 2016. REUTERS/David Gray Join now ...
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  • Russian currency
    By Lawrence C. Saleh
    December 5, 2021
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    Stablecoin risks prompting central bank digital currency

    The writer is professor of economics at Rutgers University Stable coins are one of the big misnomer in the crypto world. These digital assets are intended ...
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  • Russian currency
    By Lawrence C. Saleh
    November 30, 2021
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    Meta exec who co-founded digital currency Diem leaves the company

    A Meta executive who co-founded digital currency Diem is expected to leave the company at the end of this year to pursue new ventures. David Marcus ...
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  • Russian currency
    By Lawrence C. Saleh
    November 29, 2021
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    Bank of Israel speeds up digital currency governor’s preparations

    The Bank of Israel building is seen in Jerusalem June 16, 2020. REUTERS/Ronen Zvulun/File Photo Join now for FREE unlimited access to Reuters.com Register JERUSALEM, Nov ...
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  • Russian currency
    By Lawrence C. Saleh
    November 25, 2021
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    Japanese giants launch private digital currency backed by banks • The Register

    A group of more than 70 Japanese organizations decided to create their own blockchain-based digital currency. The Digital Currency Forum is the entity behind the currency, ...
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  • Russian currency
    By Lawrence C. Saleh
    November 17, 2021
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    Australian central bank weighs digital currency, remains skeptical

    A representation of the Bitcoin virtual cryptocurrency can be seen in this photo illustration taken on October 19, 2021. REUTERS / Edgar Su Register now for ...
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  • Russian currency
    By Lawrence C. Saleh
    November 17, 2021
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    Adeyemo du Trésor claims dollar will remain dominant currency

    Representations of the Bitcoin virtual currency are placed on US dollar banknotes in this illustration taken on May 26, 2020. Dado Ruvic | Reuters US Under ...
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  • Russian currency
    By Lawrence C. Saleh
    November 13, 2021
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    Rock Hash Bitcoin Server Ethereum Server wire Currency Servers – Cloud mining

    Rock Hash Bitcoin Server Ethereum Server wire Currency Servers – Cloud mining Rock Hash Bitcoin Server Ethereum Server thread Currency Servers -Cloud mining 2 Rock Hash ...
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  • Russian currency
    By Lawrence C. Saleh
    November 9, 2021
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    Russia weighs in on taxation of digital currency miners

    Cryptocurrency mining is expected to be recognized in Russia as a legal business activity, which would make it possible to impose and regulate taxes on minors, ...
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  • Russian currency
    By Lawrence C. Saleh
    November 8, 2021
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    What is virtual currency?

    If you’ve ever used an in-game currency like Second life‘s Linden or bought a plane ticket with loyalty miles, you used virtual currency. Virtual currency is ...
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  • Russian currency
    By Lawrence C. Saleh
    November 7, 2021
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    Russia’s digital currency market grows despite inadequate regulation, executive says

    The digital currency market in Russia has proven unresponsive to uncertain government regulatory action. According to reports, the industry maintains a surprisingly positive trend in the ...
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  • Russian currency
    By Lawrence C. Saleh
    November 5, 2021
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    OFAC Guidelines: Compliance Best Practices for the Virtual Currency Industry

    introduction On October 15, 2021, the Office of Foreign Assets Control of the US Treasury Department (“OFAC“) has published an industry-specific brochure,”Sanctions Compliance Guide for the ...
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  • Russian currency
    By Lawrence C. Saleh
    November 5, 2021
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    China has already issued 140 million digital currency wallets • The Register

    140 million digital wallets capable of storing the Chinese central bank’s digital currency – the Digital Yuan or E-CNY – have already been issued to individuals, ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    November 2, 2021
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    How deflationary is Ethereum’s digital currency, Ether? | Crypto News

    Ether has outperformed Bitcoin in terms of price appreciation this year, even as both cryptocurrencies hit record highs. Through Emily graffeoBloomberg Posted on November 2, 2021November ...
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  • Russian currency
    By Lawrence C. Saleh
    October 27, 2021
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    OFAC publishes sanctions guidelines for the virtual currency industry

    On October 15, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) released a new sanctions compliance guide for the virtual currency industry (the ...
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  • Russian currency
    By Lawrence C. Saleh
    October 26, 2021
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    Jasmy (JMY), the first legal and compliant digital currency in Japan, traded on bitpoint Japan Exchange

    According to the latest news, on October 26, 2021, BITPoint Japan, a Japanese exchange, launched Jasmy (JMY) and opened the JMY / JPY trading pair. As ...
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  • Russian currency
    By Lawrence C. Saleh
    October 25, 2021
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    Rand Paul wonders if crypto could become a global reserve currency

    Senator Rand PaulRandal (Rand) Howard PaulFauci overwhelmed by calls after newspaper error regarding beagle experiments McConnell seeks way out of debt ceiling Senators push bipartisan pressure ...
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  • Russian currency
    By Lawrence C. Saleh
    October 24, 2021
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    Russia’s Putin insists “too soon” on using digital currency for oil trade

    The Russian government has not completely banned digital currency in the country, although it has yet to accept it as legal tender because it fears it ...
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  • Russian currency
    By Lawrence C. Saleh
    October 22, 2021
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    Indonesia and Chile dominate global interest in digital currency (report)

    Indonesia has emerged as the country most interested in digital currencies, ahead of Chile and Argentina, which are in second and third place respectively. The country ...
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  • Russian currency
    By Lawrence C. Saleh
    October 19, 2021
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    OFAC’s new compliance guide for the virtual currency industry provides information on OFAC’s compliance expectations that are useful to both the virtual currency industry and the business community as defined. large

    The Office of Foreign Assets Control (“OFAC”) of the Department of the Treasury Sanctions Compliance Guide for the Virtual Currency Industry (“Guidance”) alerts companies operating in ...
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  • Russian currency
    By Lawrence C. Saleh
    October 18, 2021
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    The Bank of Canada has no plans to launch a digital currency, at least for now

    A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, on May 23, 2017. REUTERS / Chris Wattie OTTAWA, October 18 (Reuters) ...
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  • Russian currency
    By Lawrence C. Saleh
    October 16, 2021
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    Russia: Digital Currency Payments Still Banned, But Trading Is Allowed

    Many Russian investors are excited about digital currency. A survey conducted in August 2021 by the forex market found that around 77% of those surveyed said ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    October 12, 2021
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    Edward Snowden Says the CBDC is a “Cryptofascist Currency” Designed to Put Governments at the Center of Every Transaction

    Former NSA consultant and whistleblower Edward Snowden called the central bank’s digital currency (CBDC) a “cryptofascist currency” primarily designed to deny people basic ownership of their ...
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  • Russian currency
    By Lawrence C. Saleh
    October 8, 2021
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    Georgia to pilot digital currency in retail next year

    Georgia’s central bank is moving forward with its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and ...
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  • Russian currency
    By Lawrence C. Saleh
    October 7, 2021
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    Russia wants to limit digital currency investments by unaccredited investors

    Russia may soon limit the digital currency investment options available to ordinary retail investors. The country’s legislature is weighing a law it says will protect investors ...
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  • Russian currency
    By Lawrence C. Saleh
    September 18, 2021
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    Russian central bank to block suspicious digital currency activity

    Russia’s central bank must take action to strangle increasing digital currency trading activity in the country, including blocking some digital currency purchases, in a bid to ...
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  • Russian currency
    By Lawrence C. Saleh
    September 16, 2021
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    European Securities and Markets Authority calls digital currency “volatile”

    The European securities regulator has described the digital currency as “volatile”, despite the recognition of digital assets as an innovative development. The European Securities and Markets ...
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  • Russian currency
    By Lawrence C. Saleh
    September 16, 2021
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    Turkish Central Bank signs digital currency deal

    ANKARA The Turkish Central Bank has signed an agreement with the defense and technology companies Aselsan and Havelsan, and the Scientific and Technological Research Council of ...
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  • Russian currency
    By Lawrence C. Saleh
    September 12, 2021
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    Russia not ready for digital currency payments, Kremlin says

    Russia banned the use of digital currency payments in July of last year, and the Kremlin says the law isn’t about to be overturned anytime soon. ...
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  • Russian currency
    By Lawrence C. Saleh
    August 31, 2021
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    What is money and can Bitcoin really be used as currency?

    Marquez Comelab explores what money is and the different forms it has taken in the past to help us determine whether Bitcoin can be used as ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    August 12, 2021
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    How crypto giant Circle could create a US-backed digital currency

    Crypto giant Circle has announced its intention become a bank, fully regulated by the Federal Reserve, the Office of the Comptroller of the Currency and the ...
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  • Russian currency
    By Lawrence C. Saleh
    August 11, 2021
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    Venezuela to launch digital bolivar in October and remove six zeros from currency

    After years of experimenting with the controversial Petro digital currency, Venezuela is now poised to launch the digital bolivar, the national version of a central bank ...
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  • Russian currency
    By Lawrence C. Saleh
    August 3, 2021
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    Virtual Currency Legal Report – Week of July 19 – Technology

    Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC Focuses ...
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  • Russian currency
    By Lawrence C. Saleh
    August 3, 2021
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    Virtual Currency Legal Report – July 2021 # 2 | Perkins Coie

    Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC Focuses ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    July 12, 2021
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    US digital dollar: will fiat currency ride the crypto wave? | Business and Economy News

    The United States dollar ruled for many decades as the world’s leading reserve currency, backed by the full confidence and credit of the United States government ...
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  • Russian currency
    By Lawrence C. Saleh
    July 12, 2021
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    Russia to enforce new rules for seizing digital currency

    Russia is preparing a new set of rules that would define when the country’s law enforcement authorities can confiscate digital currencies, with the aim of strengthening ...
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  • Russian currency
    By Lawrence C. Saleh
    July 8, 2021
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    Money and Control: Why China Wants to Undermine Bitcoin | China

    Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of bitcoin and other cryptos. ...
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  • Russian currency
    By Lawrence C. Saleh
    June 2, 2021
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    Digital euro could boost international use of single currency, ECB says

    Workers hold up the huge euro logo outside the headquarters of the European Central Bank (ECB) in Frankfurt, December 6, 2011. REUTERS / Ralph Orlowski / ...
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