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Search Results for: digital currency

HKMA Launches Second Phase of e-HKD to Explore Digital Currency

The Hong Kong Monetary Authority (HKMA) officially commenced the second phase of its central bank digital currency (CBDC) pilot on Monday, renaming the initiative to “Project e-HKD+.” This phase aims to explore the commercial feasibility of the e-HKD through innovative use cases developed by 11 selected firms across various sectors.

September 24, 2024 2 mins read

Digital Currency Group Clears Short-Term Debt of Nearly $1B

Blockchain investment behemoth Digital Currency Group (DCG) has paid off all of its short-term debts as of June. This is according to a quarterly shareholder letter the business sent out this week. Thanks in large part to a stellar performance during the first half of the year, the firm was

August 25, 2024 2 mins read

The World First Gold Standard Digital Currency-BDTCOIN

BDTCOIN is an exclusive Gold standard digital currency revolutionizing the global finance with multiple financial players, a dynamic cutting-edge blockchain built  with QUANTUM-resistant protocols and DeFi Ecosystem. Bdtcoin is an emerging digital currency in the digital world, introduced at the end of 2022. Unlike other traditional digital currencies that are

February 17, 2024 4 mins read

Digital Currency Group Records $210 Million in Q4 2023 Revenue

The company’s revenue reached $210M in the Q4 of 2023, a 59% rise in comparison to the same time the previous year, Digital Currency Group (DCG) said Monday in a letter to shareholders. The parent business of Grayscale Investments attributed the increase in revenue on rising asset values, especially bitcoin.

February 12, 2024 2 mins read

Digital Currency Group Clears $700 Million Debt with Genesis

The short-term loans that Digital Currency Group (DCG) had with the now-defunct Genesis crypto lending platform have all been paid off, according to the venture capital company. On January 6th, DCG verified in a statement posted on X (formerly Twitter) that it had paid all of its debts, including almost

January 6, 2024 1 min read

Bullish Acquires CoinDesk from Digital Currency Group

Bullish Completes Strategic Acquisition to Accelerate CoinDesk’s Global Expansion and Growth of Media, Events and Indices Businesses NEW YORK–(BUSINESS WIRE)–Bullish, the fastest growing regulated, institutional digital assets exchange led by Tom Farley, announced today that it has acquired CoinDesk, the integrated media, events and index platform for the future of

November 20, 2023 6 mins read

EMTECH Releases its Web-3 Enabled Central Banking Digital Currency Innovation Kit For Fintechs

EMTECH’s Beyond Cash or (BYDC) is a CBDC Simulator built on Hedera layer 1 protocol with pre-built APIs that simplify the integration of digital cash in fintech products across various use cases. NEW YORK–(BUSINESS WIRE)–EMTECH, an award-winning software company and first-of-its-kind Modern Central Banking Infrastructure provider, today announced the public

July 19, 2023 4 mins read

YOMAEX Exchange, Leading the New Era of Digital Currency Trading

SANTA CLARA, Calif.–(BUSINESS WIRE)–In 2023, a key year for the alternating bull and bear market in the digital currency field, the entire industry is undergoing earth-shaking changes in an era where “risk” and “opportunity” coexist. The YOMAEX exchange recently announced that its registered users exceeded 10 million and its transaction

June 30, 2023 2 mins read

SEC Chair Gary Gensler Argues Against More Digital Currency, Cites US Dollar Dominance

SEC Chair Gary Gensler expressed his view that the United States does not require additional digital currency. This statement came alongside the SEC’s legal actions against Binance and Coinbase for allegedly operating unregistered securities exchanges. During an interview with CNBC, Gensler refuted allegations that his approach was creating ambiguity regarding

June 6, 2023 1 min read