Tag: central bank digital currency

Senate passes the GENIUS Act to regulate stablecoins

Senate Passes the GENIUS Act to Regulate Stablecoins The United States Senate recently made a groundbreaking decision by passing the GENIUS Act, a significant piece of legislation aimed at regulating stablecoins. This move comes in response to the growing popularity of stablecoins in the digital currency market and the need to establish clear guidelines to […]

Europe’s digital euro ambitions: A bid for global currency influence

Europe’s Digital Euro Ambitions: A Bid for Global Currency Influence In the realm of global finance, power dynamics are constantly shifting, creating opportunities for regions to redefine their roles and influence. Europe, a continent rich in history and tradition, is now eyeing a bold move that could potentially reshape its position on the world stage […]

India explores new digital rupee features for wider use

India Explores New Digital Rupee Features for Wider Use In a groundbreaking move towards embracing digital currency, India has embarked on a journey to explore new features for the digital rupee, aiming to enhance its accessibility and usability among the masses. The country’s retail digital rupee pilot, which currently boasts a user base of 600,000 […]

Democrats shift stance on GENIUS Act

Democrats Shift Stance on GENIUS Act: Senate Advances Bipartisan Deal on Stablecoin Rules In a surprising turn of events, Democrats in the Senate have shifted their stance on the GENIUS Act, leading to the advancement of the bill after reaching a bipartisan deal on new stablecoin rules. This move marks a significant shift in the […]

Bhutan launches first national crypto tourism payment system

Bhutan’s Innovative Leap: Introducing the First National Crypto Tourism Payment System In a groundbreaking move, the picturesque kingdom of Bhutan has stepped into the world of digital currencies by launching its first national crypto tourism payment system. This initiative is set to revolutionize the way small businesses in remote Bhutanese villages operate, making it easier […]

KiloEX loses $7.5 million in oracle hack

KiloEX Loses $7.5 Million in Oracle Hack KiloEX, a prominent player in the world of digital currency exchange, has recently found itself at the center of a cybersecurity storm. The company made headlines after losing a staggering $7.5 million in a devastating oracle hack, leading to the suspension of its operations. This unfortunate incident has […]

North Korean hacker group cashes in on crypto trade

How North Korean Hacker Group Cashed in on Crypto Trade In the world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, one group has managed to exploit the volatile market to their advantage. The Lazarus Group, a notorious hacking collective with alleged ties to North Korea, has recently […]

Brazilian lawmaker proposes Bitcoin salary regulation

Brazilian Lawmaker Proposes Legislation to Regulate Bitcoin Salaries In a bold move towards embracing the ever-expanding world of cryptocurrency, a Brazilian lawmaker has put forward new legislation that could pave the way for the regulation of Bitcoin salaries within the country. This groundbreaking proposal aims to legalize the option for employees to receive their salaries […]

ECB plans digital euro launch by 2028

ECB Plans Digital Euro Launch by 2028 The European Central Bank (ECB) is gearing up to revolutionize the way we perceive and utilize currency with its ambitious plan to launch a digital euro by 2028. This strategic move comes in response to the shifting financial landscape and the increasing popularity of digital currencies worldwide. The […]

Montana rejects Bitcoin reserve bill

Montana Rejects Bitcoin Reserve Bill: What This Means for Cryptocurrency Regulation Montana recently made headlines in the world of cryptocurrency as it rejected a bill that would have allowed state residents to pay their taxes with Bitcoin. The proposed legislation, known as the Bitcoin reserve bill, aimed to establish a framework for the state government […]

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