On Jan. 21, 2023, the worth of bitcoin reached a 24-hour excessive of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The complete
Tag: Digital Currency
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the international locations within the eurozone reaffirmed their assist for efforts to organize for the potential launch of a digital
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil
Tehran and Moscow are discussing the attainable launch of a stablecoin for worldwide settlements, the Russian press revealed. In order to mint the gold-backed forex,
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
The central financial institution of Georgia intends to publish a doc detailing the idea of a nationwide digital foreign money within the coming months. Other
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia
Tascombank, one of many oldest banking establishments in Ukraine, has accomplished the pilot testing of a digital forex primarily based on the Stellar community. The
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
The U.Ok. is mulling over launching a digital pound because it stays dedicated to changing into a cryptocurrency hub, a authorities consultant has indicated. British
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
The Central Bank of Russia has detailed two strategies for implementing the digital ruble and different state-backed cash in worldwide settlements. The financial authority additionally
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
The worth of the crypto-focused financial institution Silvergate Capital’s shares fell by over 40% after it reported a greater than $8 billion drop in buyer
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
The Nigerian crypto change Roqqu not too long ago introduced that it obtained a digital foreign money license that permits it to supply its providers
Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021
In 2021, a lot of 2010 block rewards have been spent after the bitcoins sat idle for greater than a decade. Furthermore, in 2020 and