Digital Currency

July 24, 2023

Congressman Warren Davidson calls to ban and criminalize CBDCs

“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson.   United States Republican Representative Warren Davidson has expressed strong opposition to […]
July 20, 2023

China’s digital yuan nears $250B transaction volume: Central bank governor

While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.   […]
July 06, 2023

Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel

The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%.   Israel is considering granting an […]
July 05, 2023

India negotiates cross-border CBDC payments with global central banks

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.   The Reserve Bank of India (RBI) is […]
June 23, 2023

Banning crypto ‘may not be effective in the long run’ — IMF

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the […]
May 22, 2023

Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm

It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”   The crypto […]
February 23, 2023

German DZ Bank adds digital currencies to asset management services

German asset manager DZ Bank collaborated with Swiss technology firm Metaco to add digital asset management into its services.   DZ Bank, Germany’s second-largest bank by […]
December 28, 2022

China’s CBDC wallet resorts to ages-old tradition to boost adoption

The digital yuan wallet application uses the traditional Chinese way of donating money, which has become virtual with the growth of digital payments.   China’s digital […]
December 27, 2022

Russia’s largest bank issued gold-backed digital financial assets

The issuance became the bank’s second deal in the new asset class.   Russia’s largest bank, Sber – formerly known as Sberbank – has announced the […]

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