Digital Currency
- Business
Bitcoin Will Hit $150,000 This Year, Standard Chartered Analysts Say
Continued success of the new Bitcoin exchange-traded funds will push the price of the cryptocurrency higher, the bank said. British…
Read More » - Business
Turkish Central Bank releases phase-1 findings of digital Turkish lira studies
Phase-1 conducts tests and develops systems, phase-2 targets to integrate and create payment systems and wallet, bank aims to provide…
Read More » - Business
UAE Central Bank renews $4.9 billion currency swap deal with China
Banking regulators sign initial agreement to enhance collaboration on central bank digital currency development The UAE Central Bank and the…
Read More » - Business
Mastercard partners with areeba to boost fintech companies in Middle East
The two entities will team up to provide new Mastercard card-as-a-service (CaaS) and bank-as-a-fintech (BaaF) propositions Mastercard has entered a…
Read More » - Business
Digital currency statement from CBRT President Erkan
Hafize Gaye Erkan, President of the Central Bank of the Republic of Turkiye, said, “We plan to publish the digital…
Read More » - Business
Bitcoin hits another 17-month high
Total value of crypto market rises over 2% to around $1.3 trillion Bitcoin hit another 17-month high on Thursday,nearing $36,000…
Read More » - Business
PayPal launches dollar-denominated stablecoin
Online payment giant launches redeemable coin 1:1 for US dollar The US-based payment giant PayPal launched a stablecoin, named PayPal…
Read More » - Business
G7 to discuss digital currency standards, crypto regulation
G7 will prod developing nations to introduce CBDC standards Consensus is for stronger regulation on cryptocurrencies G7 to also focus…
Read More » - Business
IMF unveils Unicoin: A global, legal tender settlement CBDC
During last week’s International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced the launch of…
Read More » - Business
New Global Currency Designed to Ditch US Dollar Coming From BRICS Nations
A group of economically-aligned nations plan to create a new currency that could reduce the world’s dependence on the US…
Read More »