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You Searched For "private virtual currencies" and got 20 results


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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…

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2 mins read

The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says

Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…

Isabelle Lee   


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4 mins read

Is the Dollar dying? Its reserve currency status may be at risk, but it isn’t time to die

The world is going through an upheaval on multiple fronts, many of which lead to the US’ unchecked …

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3 mins read

Around 90 million users flocked to crypto bandwagon in March 2022: Report

CoinDCX was the largest cryptocurrency exchange platform in India with over 40 million users in Mar…

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2 mins read

India to take a considerate decision on regulation around cryptocurrency: Nirmala Sitharaman

The minister clarified that the government is open to promote innovation and well-grounded progress…

PTI   


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3 mins read

India’s definition of ‘virtual digital assets’ isn’t set in stone

The Indian government announced its plans to tax cryptocurrency transactions at a rate of 30% durin…

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8 mins read

CBDCs — The fight for fiat currencies to remain relevant in the age of digital cryptocurrencies

Many countries are looking at launching a central bank digital currency (CBDC) to take advantage of…

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3 mins read

Carla Mozée   


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6 mins read

The number of countries exploring CBDCs more than doubled during the pandemic year

These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…

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2 mins read

A digital dollar could speed up benefit payments and aid 'underbanked" Americans, says Fed Governor Lael Brainard

A CBDC could provide a foundation on which private-sector competition could flourish, says Fed Gove…

Carla Mozée   


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2 mins read

Cuba to regulate cryptocurrencies soon, may allow financial institutions to deal in crypto

The bank is defining virtual assets as “the digital representation of value that can be traded…

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4 mins read

India finally explains its problem with private cryptocurrencies and why it is coming up with its own CBDC

“Usually, certainly for the most popular ones now, they do not represent any person’s debt…

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10 mins read

Private aviation thrived in 2020 despite it being the worst time to travel in the modern era - here's a look at its wild year

The pandemic couldn't stop private jet firms from growing, aircraft manufacturers from developing m…

Thomas Pallini   


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3 mins read

Indian cryptocurrency players in huddle as government mulls ban

As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…

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3 mins read

RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’

RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …

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2 mins read

Fidelity pushed for approval of its bitcoin ETF in a private meeting with the SEC as the regulator drags its feet

Executives pointed to market regulators that have already approved such funds in Canada, Germany, S…

Shalini Nagarajan   


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7 mins read

Inside the biggest deal of 2020 - Year-end IPO frenzy - How to get hired in private equity

S&P Global to buy IHS-Markit; another asset-management deal; rising stars of real estate; Wall Stre…

Meredith Mazzilli   


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7 mins read

Bitcoin Has No Intrinsic Value, And Will Never Be A Threat To Fiat Currency

But here's the thing, and this addresses Tim Lee's point above: If this is the only value, then all…

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2 mins read

WazirX suspends withdrawals after $230 million worth of cryptos stolen in a hack

WazirX, India’s largest cryptocurrency exchange on Thursday reported a massive security breach on i…

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1 min read

North Korean hackers are laundering millions worth of crypto through a sanctioned 'mixer'

North Korea-backed hackers are using a mixer sanctioned by the US to launder funds stolen in a hack…

Yuheng Zhan