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Search Results for: digital currency

Kyrgyzstan Takes Major Step Toward Digital Currency Implementation

President Sadyr Zhaparov made Kyrgyzstan one step closer to becoming part of the few countries operating central bank digital currencies (CBDCs). He signed on constitutional amendments, which introduced the legal framework for the digital som. This legislation outlines the future CBDC launch framework. Meanwhile, the National Bank of the Kyrgyz

April 18, 2025 2 mins read

Transak Officially Receives its Digital Currency Exchange (DCE) Registration in Australia

With the official receipt of its Digital Currency Exchange (DCE) registration from the Australian Transaction Reports and Analysis Centre (AUSTRAC), Transak, a global leader in solutions that convert fiat currency to cryptocurrency, has officially received its registration. As a result of this significant achievement, Transak has strengthened its commitment to

March 6, 2025 6 mins read

Bitcoin’s Evolution: From Digital Currency to a Revolutionary Ecosystem Powerhouse

This has been a rollercoaster of a year.  Between world events, politics, financial markets, and technology advances, it has honestly been hard to keep up with it all.  Amazing feats have been accomplished, and terrible tragedies have occurred.  And through it all, the financial markets have responded, reacted, and essentially

December 26, 2024 5 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

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
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