You Searched For "DIGITAL CURRENCY" and got 20 results
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2 mins read
Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion
The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues…
Joseph Wilkins
2 mins read
3 factors could derail gold's record-setting rally, veteran advisor says
Gold is vulnerable to a setback as it's not supported by fundamentals, Bob Parker of International …
Filip De Mott
3 mins read
RBI gets set to float it's digital currency -- check details here
The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…
2 mins read
Mumbai, Delhi record real estate price appreciation in double digits; Ranked 3rd and 5th globally
Mumbai and New Delhi are among Indian cities that recorded a sharp annual increase in their real es…
ANI
3 mins read
While the US explores digital currencies, China's eYuan is already in 15 cities. But experts say Beijing and Washington aren't actually competing in the same race.
Experts break down how the currencies of the world's two largest economies compete, and why they ea…
Phil Rosen
1 min read
Russia plans a digital version of the ruble after an 19% slide against the dollar this year
Russia plans a pilot scheme as soon as next month as it tries to find ways of revitalizing its econ…
Joseph Wilkins
2 mins read
About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says
Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…
Joseph Wilkins
1 min read
Jamaica is rolling out its central bank digital currency in the 1st quarter of 2022 after a successful pilot
After the announcement of a prototype CBDC in March, the pilot began in May and concluded in Decemb…
Isabelle Lee
2 mins read
The Boston Fed and MIT publish long-awaited research on central bank digital currencies
The 35-page white paper was borne out of a joint initiative announced in 2020 that aimed to explore…
Isabelle Lee
4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
1 min read
RBI's digital currency platform data may help enforce black money laws
Finance Minister Nirmala Sitharaman had announced in her budget speech in February that the RBI …
2 mins read
There is no universal approach for central bank digital currencies and countries must focus on privacy, IMF says
"There is no universal case for CBDCs because each economy is different," said IMF Managing Directo…
Isabelle Lee
1 min read
Zimbabwe is bringing in a gold-backed digital currency with its own dollar ravaged by inflation
Central bankers hope the tokens will help to stabilize the Zimbabwean dollar, which has been destab…
George Glover
6 mins read
India’s digital currency to be launched in FY23 to be cost effective, transparent and secure
The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…
4 mins read
IT stocks rally on core market pick up hope but is the sector out of the woods yet
Shares of IT services companies have been gaining momentum, with the Nifty IT index rising by 9.7% …
1 min read
Argentina's new president is dragging his feet after promising to use the US dollar more
Argentina's president said dollarization is not a short-term goal, as his government is focusing on…
Filip De Mott
2 mins read
Central bank digital currencies could be necessary for digital innovation and competition, Bank of Canada says
Central bank digital currencies could also increase and protect welfare, the Bank of Canada said in…
Sophie Kiderlin
1 min read
Cryptocurrencies equivalent to gambling: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…
2 mins read
Central banks that don't issue their own digital tokens could see demand for their currencies drop - CBDCs could even be part of their policy toolkit, Bank of America says
Central bank digital currencies are inevitable and could even play a part in monetary policy, Bank …
Sophie Kiderlin
2 mins read
US stocks trade mixed as Intel falls and key economic data confuses investors
Core inflation and consumer spending sent opposite messages about the US economy, while Intel disap…