As crypto enters the mainstream, major retailers are offering discounts and promotions to get customers to pay using cryptocurrency
Category: Digital Currency
Ripple seeks director to engage with central banks on digital currency
Ripple is looking to define its strategy regarding central bank digital currencies.
SEC gives OK to social media platform to issue stablecoin without registering as a security
The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat.
Dress to impress: Crypto payments set for mainstream via compliance
Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in.
Former Bank of Japan exec says Japan will need years to issue digital yen
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits.
Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud charges relating to Inksnation’s purported crypto token- Pinkoin. The Inksnation […]
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Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency while taking away some of the perceived risks. Bitcoin Value […]
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‘Banks will have to adjust’ to crypto, says Bank of England leader
Jon Cunliffe, one of the leaders of England’s central bank, said banks must adapt to the changes brought on by digital assets.
Deutsche Bank: Central bank digital currency will replace cash in long term
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies.
CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini
The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini.