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Saturday, December 4, 2021 | 12:27 am
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Tags Digital Currency

Tag: Digital Currency

The US Federal Reserve Begins Looking Into Its Own Digital Currency

The Fed wants the US to play a "leading role" in developing international standards.

Facebook-backed Digital Currency Project Diem Is Moving From Switzerland to U.S.

Facebook announced the Libra project in 2019, at the time envisioning it as a stablecoin based on a basket of national currencies.

Facebook-Backed Diem Aims to Launch Digital Currency Pilot Later This Year

The Diem Association is aiming to launch a pilot with a single stablecoin pegged to the U.S. dollar in 2021, according to a person familiar with the matter.

UK to Explore Issuing Its Own Digital Currency Amid Bitcoin Boom

The U.K. Treasury and Bank of England have launched a joint task force to explore a potential central bank digital currency.

Square Buys $170 Million Worth of Bitcoin

The company said it purchased approximately 3,318 bitcoins, expanding on its October 2020 purchase of 4,709 bitcoins.

India Plans to Introduce Law to Ban Bitcoin, Other Private Cryptocurrencies

The law also seeks to “create a facilitative framework for the creation of the official digital currency” that will be issued by the Reserve Bank of India.

Bitcoin Rallies Above $30,000 for First Time

Bitcoin advanced more than 300% in 2020, and with the latest leg higher has added more than 50% since crossing $20,000 just two weeks ago.

PayPal Cuts Ties With Domain Registrar Epik Over Digital Currency

Epik is known for hosting the right-wing social media site Gab.

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